Olin Corporation (OLN)

OLN trades at $23.96, 6.5% above the near-term max pain of $22.5 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($20-$25), indicating stable market expectations. Key magnetic zone at 23 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for OLN shows stable levels around 22.14, reflecting balanced market expectations. The 23% spread signals divergent expectations across timeframes. Most levels below 23.96 may cap rallies. Strong magnetic level at 23 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.