Spectrum Brands Inc. (SPB)

SPB trades at $53.6, 10.7% below the near-term max pain of $60 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($30-$60), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 2 expirations converge.

Max pain for SPB shows a downward trend from 60 to 30, indicating bearish sentiment or hedging activity. The 60% spread signals divergent expectations across timeframes. Most levels above 53.6 could support dips. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.