Simmons First National Co... (SFNC)

SFNC trades at $19.87, 13.5% above the near-term max pain of $17.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SFNC shows a downward trend from 95 to 2.5, indicating bearish sentiment or hedging activity. The 313% spread signals divergent expectations across timeframes. Levels distributed around 19.87. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.