RealReal Inc. (REAL)

REAL trades at $11.17, 11.7% above the near-term max pain of $10 expiring Oct 17, 2025 (14 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($3-$12.5), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for REAL shows a downward trend from 12.5 to 3, indicating bearish sentiment or hedging activity. The 127% spread signals divergent expectations across timeframes. Most levels below 11.17 may cap rallies. Strong magnetic level at 8 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.