Tapestry Inc. (TPR)

TPR trades at $114.93, 5.4% above the near-term max pain of $109 expiring Oct 10, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($60-$114), signaling increased put positioning or downside protection. Key magnetic zone at 105 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TPR shows a downward trend from 114 to 60, indicating bearish sentiment or hedging activity. The 57% spread signals divergent expectations across timeframes. Most levels below 114.93 may cap rallies. Strong magnetic level at 105 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.