(JXI)

JXI trades at $76.17, 12.0% above the near-term max pain of $68 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($62-$71), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for JXI shows a downward trend from 71 to 62, indicating bearish sentiment or hedging activity. The 13% spread signals divergent expectations across timeframes. Most levels below 76.17 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.