Corning (GLW)

GLW trades at $83.58, 7.2% above the near-term max pain of $78 expiring Oct 10, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($40-$82), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for GLW shows a downward trend from 82 to 40, indicating bearish sentiment or hedging activity. The 64% spread signals divergent expectations across timeframes. Most levels below 83.58 may cap rallies. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.