Sally Beauty Inc. (SBH)

SBH trades at $13.41, 7.3% above the near-term max pain of $12.5 expiring Sep 19, 2025 (21 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$12.5), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SBH shows an upward trend from 7 to 12.5, suggesting bullish positioning in longer-dated options. The 50% spread signals divergent expectations across timeframes. Most levels below 13.41 may cap rallies. Strong magnetic level at 13 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.