Caterpillar Inc. (CAT)

CAT trades at $497.86, 5.9% above the near-term max pain of $470 expiring Oct 10, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($360-$500), signaling increased put positioning or downside protection. Key magnetic zone at 430 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CAT shows a downward trend from 500 to 360, indicating bearish sentiment or hedging activity. The 32% spread signals divergent expectations across timeframes. Most levels below 497.86 may cap rallies. Strong magnetic level at 430 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.