Sanofi (SNY)

SNY trades at $50.9, 13.1% above the near-term max pain of $45 expiring Oct 17, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($45-$57.5), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 3 expirations converge.

Max pain for SNY shows a downward trend from 57.5 to 45, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 50.9 may cap rallies. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.