Hanesbrands Inc. (HBI)

HBI trades at $6.91, 38.2% above the near-term max pain of $5 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$6), reflecting growing call interest at higher strikes. Key magnetic zone at 5 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HBI shows an upward trend from 1 to 6, suggesting bullish positioning in longer-dated options. The 111% spread signals divergent expectations across timeframes. Most levels below 6.91 may cap rallies. Strong magnetic level at 5 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.