DT Midstream Inc. (DTM)

DTM trades at $114.5, 14.5% above the near-term max pain of $100 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($9-$100), reflecting growing call interest at higher strikes. Key magnetic zone at 90 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for DTM shows an upward trend from 9 to 100, suggesting bullish positioning in longer-dated options. The 120% spread signals divergent expectations across timeframes. Most levels below 114.5 may cap rallies. Strong magnetic level at 90 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.