Scholastic Corporation (SCHL)

SCHL trades at $28.73, 14.9% above the near-term max pain of $25 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SCHL shows a downward trend from 97.5 to 7.5, indicating bearish sentiment or hedging activity. The 288% spread signals divergent expectations across timeframes. Most levels below 28.73 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.