Travelers Companies Inc. (TRV)

TRV trades at $277.81, 2.9% above the near-term max pain of $270 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($220-$270), reflecting growing call interest at higher strikes. Key magnetic zone at 270 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TRV shows an upward trend from 220 to 270, suggesting bullish positioning in longer-dated options. The 20% spread signals divergent expectations across timeframes. Most levels below 277.81 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.