Zimmer Biomet Inc. (ZBH)

ZBH trades at $102.77, 8.2% above the near-term max pain of $95 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$105), signaling increased put positioning or downside protection. Key magnetic zone at 95 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ZBH shows a downward trend from 105 to 50, indicating bearish sentiment or hedging activity. The 61% spread signals divergent expectations across timeframes. Most levels below 102.77 may cap rallies. Strong magnetic level at 95 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.