Texas Capital Bancshares ... (TCBI)

TCBI trades at $86.51, pinned near the near-term max pain of $85 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($45-$95), 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 TCBI shows a downward trend from 95 to 45, indicating bearish sentiment or hedging activity. The 66% spread signals divergent expectations across timeframes. Most levels below 86.51 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.