Atour Lifestyle Limited (ATAT)

ATAT trades at $36.04, 3.0% above the near-term max pain of $35 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($30-$35), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 2 expirations converge.

Max pain for ATAT shows a downward trend from 35 to 30, indicating bearish sentiment or hedging activity. The 15% spread signals divergent expectations across timeframes. Most levels below 36.04 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.