(JOET)

JOET trades at $41.97, 10.4% above the near-term max pain of $38 expiring Sep 19, 2025 (14 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($36-$55), signaling increased put positioning or downside protection. Key magnetic zone at 38 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for JOET shows a downward trend from 55 to 36, indicating bearish sentiment or hedging activity. The 45% spread signals divergent expectations across timeframes. Levels distributed around 41.97. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.