Targa Resources Corp. (TRGP)

TRGP trades at $162.34, pinned near the near-term max pain of $165 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($85-$170), reflecting growing call interest at higher strikes. Key magnetic zone at 160 where 2 expirations converge.

Max pain for TRGP shows an upward trend from 85 to 170, suggesting bullish positioning in longer-dated options. The 64% spread signals divergent expectations across timeframes. Most levels below 162.34 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.