Northwest Bancshares Inc. (NWBI)

NWBI trades at $12.47, pinned near the near-term max pain of $12.5 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7.5-$95), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NWBI shows an upward trend from 7.5 to 95, suggesting bullish positioning in longer-dated options. The 226% spread signals divergent expectations across timeframes. Levels distributed around 12.47. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.