Travelzoo (TZOO)
Travelzoo Max Pain By Strike
TZOO trades at $9.92, pinned near the near-term max pain of $10 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$12.5), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Travelzoo Max Pain By Expiry
Max pain for TZOO shows a downward trend from 12.5 to 2.5, indicating bearish sentiment or hedging activity. The 126% spread signals divergent expectations across timeframes. Levels distributed around 9.92. 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 |
|---|---|---|
| Aug 15, 2025 | 10 | 0.08 (0.81%) |
| Sep 19, 2025 | 10 | 0.08 (0.81%) |
| Oct 17, 2025 | 2.5 | -7.42 (-74.80%) |
| Dec 19, 2025 | 7.5 | -2.42 (-24.40%) |
| Jan 16, 2026 | 5 | -4.92 (-49.60%) |
| Mar 20, 2026 | 12.5 | 2.58 (26.01%) |