James Hardie Industries (JHX)

JHX trades at $20.41, 2.1% above the near-term max pain of $20 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($5-$20), reflecting growing call interest at higher strikes. Key magnetic zone at 18 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for JHX shows an upward trend from 5 to 20, suggesting bullish positioning in longer-dated options. The 97% spread signals divergent expectations across timeframes. Most levels below 20.41 may cap rallies. Strong magnetic level at 18 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.