Ingram Micro (INGM)

INGM trades at $21.99, 9.9% above the near-term max pain of $20 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$20), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for INGM shows a downward trend from 20 to 12.5, indicating bearish sentiment or hedging activity. The 41% spread signals divergent expectations across timeframes. Most levels below 21.99 may cap rallies. Strong magnetic level at 20 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.