Lumen Technologies Inc. (LUMN)

LUMN trades at $6.55, 9.2% above the near-term max pain of $6 expiring Oct 10, 2025 (4 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($3.5-$6.5), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for LUMN shows a downward trend from 6.5 to 3.5, indicating bearish sentiment or hedging activity. The 60% spread signals divergent expectations across timeframes. Most levels below 6.55 may cap rallies. Strong magnetic level at 5 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.