ANSYS Inc. (ANSS)

ANSS trades at $374.3, 49.7% above the near-term max pain of $250 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($150-$250), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ANSS shows a downward trend from 250 to 150, indicating bearish sentiment or hedging activity. The 53% spread signals divergent expectations across timeframes. Most levels below 374.3 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.