(HIGH)
Max Pain By Strike
HIGH trades at $23.35, 66.8% above the near-term max pain of $14 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12-$14), signaling increased put positioning or downside protection. Key magnetic zone at 14 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for HIGH shows a downward trend from 14 to 12, indicating bearish sentiment or hedging activity. The 15% spread signals divergent expectations across timeframes. Most levels below 23.35 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
Expiration Date | Max Pain | Max Pain vs Current Price |
---|---|---|
Sep 19, 2025 | 14 | -9.35 (-40.04%) |
Oct 17, 2025 | 13 | -10.35 (-44.33%) |
Nov 21, 2025 | 12 | -11.35 (-48.61%) |
Feb 20, 2026 | 14 | -9.35 (-40.04%) |