Helmerich & Payne Inc. (HP)

HP trades at $20.2, 15.4% above the near-term max pain of $17.5 expiring Sep 19, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($15-$20), indicating stable market expectations. Key magnetic zone at 18 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HP shows stable levels around 17.50, reflecting balanced market expectations. The 29% spread signals divergent expectations across timeframes. Most levels below 20.2 may cap rallies. Strong magnetic level at 18 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.