TriCo Bancshares (TCBK)

TCBK trades at $42.8, 4.9% below the near-term max pain of $45 expiring Sep 19, 2025 (32 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($22.5-$45), signaling increased put positioning or downside protection. Key magnetic zone at 40 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TCBK shows a downward trend from 45 to 22.5, indicating bearish sentiment or hedging activity. The 61% spread signals divergent expectations across timeframes. Most levels below 42.8 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.