GDS Limited (GDS)

GDS trades at $39.63, 13.2% above the near-term max pain of $35 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($27-$40), signaling increased put positioning or downside protection. Key magnetic zone at 40 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for GDS shows a downward trend from 40 to 27, indicating bearish sentiment or hedging activity. The 36% spread signals divergent expectations across timeframes. Levels distributed around 39.63. Strong magnetic level at 40 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.