Wendy's (WEN)

WEN trades at $9.21, 7.9% below the near-term max pain of $10 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($7-$11), reflecting growing call interest at higher strikes. Key magnetic zone at 10 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for WEN shows an upward trend from 7 to 11, suggesting bullish positioning in longer-dated options. The 43% spread signals divergent expectations across timeframes. Levels distributed around 9.21. Strong magnetic level at 10 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.