QUALCOMM (QCOM)

QCOM trades at $169.18, 2.5% above the near-term max pain of $165 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($150-$170), signaling increased put positioning or downside protection. Key magnetic zone at 160 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for QCOM shows a downward trend from 170 to 150, indicating bearish sentiment or hedging activity. The 12% spread signals divergent expectations across timeframes. Most levels below 169.18 may cap rallies. Strong magnetic level at 160 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.