Heritage Insurance Inc. (HRTG)

HRTG trades at $24.68, 9.7% above the near-term max pain of $22.5 expiring Oct 17, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($17.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for HRTG shows a downward trend from 95 to 17.5, indicating bearish sentiment or hedging activity. The 218% spread signals divergent expectations across timeframes. Levels distributed around 24.68. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.