Snap Inc. (SNAP)

SNAP trades at $8.55, 6.9% above the near-term max pain of $8 expiring Oct 10, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$8), reflecting growing call interest at higher strikes. Key magnetic zone at 8 where 10 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SNAP shows an upward trend from 5 to 8, suggesting bullish positioning in longer-dated options. The 40% spread signals divergent expectations across timeframes. Most levels below 8.55 may cap rallies. Strong magnetic level at 8 (10 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.