Southside Bancshares Inc. (SBSI)

SBSI trades at $28.21, 6.0% below the near-term max pain of $30 expiring Oct 17, 2025 (12 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($15-$86.25), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SBSI shows a downward trend from 86.25 to 15, indicating bearish sentiment or hedging activity. The 197% spread signals divergent expectations across timeframes. Levels distributed around 28.21. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.