Olympic Steel Inc. (ZEUS)

ZEUS trades at $32.07, 6.9% above the near-term max pain of $30 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($17.5-$65), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ZEUS shows a downward trend from 65 to 17.5, indicating bearish sentiment or hedging activity. The 141% spread signals divergent expectations across timeframes. Most levels below 32.07 may cap rallies. Strong magnetic level at 30 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.