Richardson Electronics Lt... (RELL)

RELL trades at $9.59, 4.1% below the near-term max pain of $10 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$10), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for RELL shows a downward trend from 10 to 2.5, indicating bearish sentiment or hedging activity. The 115% spread signals divergent expectations across timeframes. Most levels below 9.59 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.