IPG Photonics Corporation (IPGP)

IPGP trades at $84.66, 41.1% above the near-term max pain of $60 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($60-$75), signaling increased put positioning or downside protection. Key magnetic zone at 70 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for IPGP shows a downward trend from 75 to 60, indicating bearish sentiment or hedging activity. The 22% spread signals divergent expectations across timeframes. Most levels below 84.66 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.