British American Tobacco ... (BTI)

BTI trades at $51.23, 6.9% below the near-term max pain of $55 expiring Oct 17, 2025 (11 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($40-$55), reflecting growing call interest at higher strikes. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BTI shows an upward trend from 40 to 55, suggesting bullish positioning in longer-dated options. The 31% spread signals divergent expectations across timeframes. Most levels below 51.23 may cap rallies. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.