QuidelOrtho Corporation (QDEL)

QDEL trades at $28.41, 13.6% above the near-term max pain of $25 expiring Sep 19, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$35), 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.

Max pain for QDEL shows a downward trend from 35 to 25, indicating bearish sentiment or hedging activity. The 35% spread signals divergent expectations across timeframes. Levels distributed around 28.41. Strong magnetic level at 28 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.