Southwest Airlines Co. (LUV)

LUV trades at $32.52, 4.9% above the near-term max pain of $31 expiring Oct 10, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($5-$35), indicating stable market expectations. Key magnetic zone at 33 where 6 expirations converge.

Max pain for LUV shows stable levels around 30.17, reflecting balanced market expectations. The 99% spread signals divergent expectations across timeframes. Most levels below 32.52 may cap rallies. Strong magnetic level at 33 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.