Ulta Beauty Inc. (ULTA)

ULTA trades at $526.18, 6.3% above the near-term max pain of $495 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($300-$520), reflecting growing call interest at higher strikes. Key magnetic zone at 420 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ULTA shows an upward trend from 300 to 520, suggesting bullish positioning in longer-dated options. The 47% spread signals divergent expectations across timeframes. Most levels below 526.18 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.