Loews Corporation (L)

L trades at $95.03, 11.8% above the near-term max pain of $85 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($5-$760), signaling increased put positioning or downside protection. Key magnetic zone at 85 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for L shows a downward trend from 760 to 5, indicating bearish sentiment or hedging activity. The 421% spread signals divergent expectations across timeframes. Most levels below 95.03 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.