Plug Power Inc. (PLUG)

PLUG trades at $1.71, 14.0% above the near-term max pain of $1.5 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$2), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 11 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PLUG shows a downward trend from 2 to 0.5, indicating bearish sentiment or hedging activity. The 103% spread signals divergent expectations across timeframes. Most levels below 1.71 may cap rallies. Strong magnetic level at 2 (11 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.