CrossAmerica Partners LP (CAPL)

CAPL trades at $21.43, 4.8% below the near-term max pain of $22.5 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$22.5), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 3 expirations converge.

Max pain for CAPL shows a downward trend from 22.5 to 20, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Most levels above 21.43 could support dips. Strong magnetic level at 23 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.