Paramount Global (PARA)

PARA trades at $11.04, 26.4% below the near-term max pain of $15 expiring Sep 19, 2025 (-10 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($6-$17.5), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PARA shows a downward trend from 17.5 to 6, indicating bearish sentiment or hedging activity. The 87% spread signals divergent expectations across timeframes. Most levels above 11.04 could support dips. Strong magnetic level at 15 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.