Walgreens Boots Alliance ... (WBA)

WBA trades at $11.98, 4.2% below the near-term max pain of $12.5 expiring Sep 19, 2025 (-17 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$12.5), reflecting growing call interest at higher strikes. Key magnetic zone at 12 where 5 expirations converge.

Max pain for WBA shows an upward trend from 7 to 12.5, suggesting bullish positioning in longer-dated options. The 47% spread signals divergent expectations across timeframes. Most levels above 11.98 could support dips. Strong magnetic level at 12 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.