American Electric Power ... (AEP)

AEP trades at $109.14, pinned near the near-term max pain of $110 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($80-$115), reflecting growing call interest at higher strikes. Key magnetic zone at 105 where 4 expirations converge.

Max pain for AEP shows an upward trend from 80 to 115, suggesting bullish positioning in longer-dated options. The 34% spread signals divergent expectations across timeframes. Most levels below 109.14 may cap rallies. Strong magnetic level at 105 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.