HDFC Bank Limited (HDB)

HDB trades at $34.25, 2.1% below the near-term max pain of $35 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$65), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 2 expirations converge.

Max pain for HDB shows a downward trend from 65 to 35, indicating bearish sentiment or hedging activity. The 70% spread signals divergent expectations across timeframes. Most levels above 34.25 could support dips. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.