(GIGB)

GIGB trades at $46.05, 9.6% above the near-term max pain of $42 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($41-$95), signaling increased put positioning or downside protection. Key magnetic zone at 42 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for GIGB shows a downward trend from 95 to 41, indicating bearish sentiment or hedging activity. The 103% spread signals divergent expectations across timeframes. Most levels below 46.05 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.