(HEGD)

HEGD trades at $24.15, 61.0% above the near-term max pain of $15 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$21), signaling increased put positioning or downside protection. Key magnetic zone at 21 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HEGD shows a downward trend from 21 to 15, indicating bearish sentiment or hedging activity. The 32% spread signals divergent expectations across timeframes. Most levels below 24.15 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.