QuidelOrtho Corporation (QDEL)
QuidelOrtho Max Pain By Strike
QDEL trades at $25.94, 5.7% below the near-term max pain of $27.5 expiring Aug 15, 2025 (-1 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($12.5-$40), signaling increased put positioning or downside protection. Key magnetic zone at 28 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
QuidelOrtho Max Pain By Expiry
Max pain for QDEL shows a downward trend from 40 to 12.5, indicating bearish sentiment or hedging activity. The 104% spread signals divergent expectations across timeframes. Levels distributed around 25.94. Strong magnetic level at 28 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 27.5 | 1.56 (6.01%) |
| Sep 19, 2025 | 25 | -0.94 (-3.62%) |
| Oct 17, 2025 | 12.5 | -13.44 (-51.81%) |
| Nov 21, 2025 | 27.5 | 1.56 (6.01%) |
| Dec 19, 2025 | 27.5 | 1.56 (6.01%) |
| Jan 16, 2026 | 30 | 4.06 (15.65%) |
| Mar 20, 2026 | 22.5 | -3.44 (-13.26%) |
| Dec 18, 2026 | 40 | 14.06 (54.20%) |