Teladoc Health Inc. (TDOC)

TDOC trades at $8.57, 7.1% above the near-term max pain of $8 expiring Oct 10, 2025 (4 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($5-$9), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 8 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TDOC shows a downward trend from 9 to 5, indicating bearish sentiment or hedging activity. The 53% spread signals divergent expectations across timeframes. Most levels below 8.57 may cap rallies. Strong magnetic level at 8 (8 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.