AstraZeneca (AZN)

AZN trades at $85.49, 6.9% above the near-term max pain of $80 expiring Oct 10, 2025 (3 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($65-$82), reflecting growing call interest at higher strikes. Key magnetic zone at 78 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AZN shows an upward trend from 65 to 82, suggesting bullish positioning in longer-dated options. The 23% spread signals divergent expectations across timeframes. Most levels below 85.49 may cap rallies. Strong magnetic level at 78 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.