Harmonic Inc. (HLIT)

HLIT trades at $10.69, 42.5% above the near-term max pain of $7.5 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$10), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HLIT shows a downward trend from 10 to 7.5, indicating bearish sentiment or hedging activity. The 29% spread signals divergent expectations across timeframes. Most levels below 10.69 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.