Etsy Inc. (ETSY)

ETSY trades at $72.38, 3.4% above the near-term max pain of $70 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($50-$70), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ETSY shows a downward trend from 70 to 50, indicating bearish sentiment or hedging activity. The 34% spread signals divergent expectations across timeframes. Most levels below 72.38 may cap rallies. Strong magnetic level at 50 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.