James Hardie Industries (JHX)

JHX trades at $29.28, 17.1% above the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$25), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for JHX shows a downward trend from 25 to 15, indicating bearish sentiment or hedging activity. The 47% spread signals divergent expectations across timeframes. Most levels below 29.28 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.