Plains GP L.P. (PAGP)

PAGP trades at $18.07, 4.9% below the near-term max pain of $19 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($15-$19), indicating stable market expectations. Key magnetic zone at 18 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PAGP shows stable levels around 17.63, reflecting balanced market expectations. The 23% spread signals divergent expectations across timeframes. Levels distributed around 18.07. Strong magnetic level at 18 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.