Rayonier Advanced Materia... (RYAM)

RYAM trades at $7.66, 4.2% below the near-term max pain of $8 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($3-$8), reflecting growing call interest at higher strikes. Key magnetic zone at 5 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for RYAM shows an upward trend from 3 to 8, suggesting bullish positioning in longer-dated options. The 81% spread signals divergent expectations across timeframes. Most levels below 7.66 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.