Loews Corporation (L)

L trades at $101.66, 7.0% above the near-term max pain of $95 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($5-$760), signaling increased put positioning or downside protection. Key magnetic zone at 95 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for L shows a downward trend from 760 to 5, indicating bearish sentiment or hedging activity. The 401% spread signals divergent expectations across timeframes. Most levels below 101.66 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.