(JCPI)

JCPI trades at $48.62, 8.0% above the near-term max pain of $45 expiring Sep 19, 2025 (24 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($44-$95), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for JCPI shows a downward trend from 95 to 44, indicating bearish sentiment or hedging activity. The 93% spread signals divergent expectations across timeframes. Most levels below 48.62 may cap rallies. Strong magnetic level at 45 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.