FiscalNote Inc. (NOTE)

NOTE trades at $5.21, 942.0% above the near-term max pain of $0.5 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$5), signaling increased put positioning or downside protection. Key magnetic zone at 1 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NOTE shows a downward trend from 5 to 0.5, indicating bearish sentiment or hedging activity. The 270% spread signals divergent expectations across timeframes. Most levels below 5.21 may cap rallies. Strong magnetic level at 1 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.