Joby Aviation Inc. (JOBY)

JOBY trades at $16.12, 7.5% above the near-term max pain of $15 expiring Oct 3, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($5-$15), signaling increased put positioning or downside protection. Key magnetic zone at 14 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for JOBY shows a downward trend from 15 to 5, indicating bearish sentiment or hedging activity. The 81% spread signals divergent expectations across timeframes. Most levels below 16.12 may cap rallies. Strong magnetic level at 14 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.