Global Partners LP (GLP)

GLP trades at $53.24, 6.5% above the near-term max pain of $50 expiring Sep 19, 2025 (20 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$325), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for GLP shows a downward trend from 325 to 25, indicating bearish sentiment or hedging activity. The 327% spread signals divergent expectations across timeframes. Levels distributed around 53.24. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.