Valley National Bancorp (VLY)

VLY trades at $10.64, 6.4% above the near-term max pain of $10 expiring Oct 17, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($3-$10), reflecting growing call interest at higher strikes. Key magnetic zone at 10 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for VLY shows an upward trend from 3 to 10, suggesting bullish positioning in longer-dated options. The 79% spread signals divergent expectations across timeframes. Most levels below 10.64 may cap rallies. Strong magnetic level at 10 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.