Allstate Corporation (ALL)

ALL trades at $212.77, 6.4% above the near-term max pain of $200 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($165-$210), signaling increased put positioning or downside protection. Key magnetic zone at 200 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ALL shows a downward trend from 210 to 165, indicating bearish sentiment or hedging activity. The 23% spread signals divergent expectations across timeframes. Most levels below 212.77 may cap rallies. Strong magnetic level at 200 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.