Lumen Technologies Inc. (LUMN)

LUMN trades at $5.92, 18.4% above the near-term max pain of $5 expiring Oct 3, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$6), reflecting growing call interest at higher strikes. Key magnetic zone at 4 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for LUMN shows an upward trend from 1 to 6, suggesting bullish positioning in longer-dated options. The 114% spread signals divergent expectations across timeframes. Most levels below 5.92 may cap rallies. Strong magnetic level at 4 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.