TC Energy Corporation (TRP)

TRP trades at $55.09, 4.9% above the near-term max pain of $52.5 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$52.5), reflecting growing call interest at higher strikes. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TRP shows an upward trend from 8 to 52.5, suggesting bullish positioning in longer-dated options. The 102% spread signals divergent expectations across timeframes. Most levels below 55.09 may cap rallies. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.