(HEZU)

HEZU trades at $41.63, 12.5% above the near-term max pain of $37 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($37-$500), signaling increased put positioning or downside protection. Key magnetic zone at 37 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HEZU shows a downward trend from 500 to 37, indicating bearish sentiment or hedging activity. The 353% spread signals divergent expectations across timeframes. Levels distributed around 41.63. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.