American Airlines Group I... (AAL)

AAL trades at $11.31, 5.7% below the near-term max pain of $12 expiring Oct 3, 2025 (4 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($10-$15), signaling increased put positioning or downside protection. Key magnetic zone at 12 where 8 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AAL shows a downward trend from 15 to 10, indicating bearish sentiment or hedging activity. The 40% spread signals divergent expectations across timeframes. Most levels above 11.31 could support dips. Strong magnetic level at 12 (8 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.