NCR Atleos Corporation (NATL)

NATL trades at $39.49, 12.8% above the near-term max pain of $35 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($30-$35), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NATL shows a downward trend from 35 to 30, indicating bearish sentiment or hedging activity. The 15% spread signals divergent expectations across timeframes. Most levels below 39.49 may cap rallies. Strong magnetic level at 35 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.