Palo Alto Networks Inc. (PANW)

PANW trades at $207.19, pinned near the near-term max pain of $207.5 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($165-$230), signaling increased put positioning or downside protection. Key magnetic zone at 180 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PANW shows a downward trend from 230 to 165, indicating bearish sentiment or hedging activity. The 34% spread signals divergent expectations across timeframes. Most levels below 207.19 may cap rallies. Strong magnetic level at 180 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.