Himax Technologies Inc. (HIMX)

HIMX trades at $8.63, 7.9% above the near-term max pain of $8 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$9), reflecting growing call interest at higher strikes. Key magnetic zone at 8 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HIMX shows an upward trend from 5 to 9, suggesting bullish positioning in longer-dated options. The 56% spread signals divergent expectations across timeframes. Most levels below 8.63 may cap rallies. Strong magnetic level at 8 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.