TowneBank (TOWN)
TowneBank Max Pain By Strike
TOWN trades at $36.74, 22.5% above the near-term max pain of $30 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$30), reflecting growing call interest at higher strikes. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
TowneBank Max Pain By Expiry
Max pain for TOWN shows an upward trend from 7 to 30, suggesting bullish positioning in longer-dated options. The 125% spread signals divergent expectations across timeframes. Most levels below 36.74 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 30 | -6.74 (-18.35%) |
| Oct 17, 2025 | 20 | -16.74 (-45.56%) |
| Dec 19, 2025 | 17.5 | -19.24 (-52.37%) |
| Jan 16, 2026 | 7 | -29.74 (-80.95%) |
| Mar 20, 2026 | 17.5 | -19.24 (-52.37%) |