Helmerich & Payne Inc. (HP)

HP trades at $17.66, 17.7% above the near-term max pain of $15 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($5-$17.5), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 4 expirations converge.

Max pain for HP shows a downward trend from 17.5 to 5, indicating bearish sentiment or hedging activity. The 83% spread signals divergent expectations across timeframes. Most levels below 17.66 may cap rallies. Strong magnetic level at 18 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.