HUTCHMED (China) Limited (HCM)

HCM trades at $16.49, 5.8% below the near-term max pain of $17.5 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$17.5), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HCM shows a downward trend from 17.5 to 2.5, indicating bearish sentiment or hedging activity. The 107% spread signals divergent expectations across timeframes. Levels distributed around 16.49. Strong magnetic level at 18 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.