Travelzoo (TZOO)
Travelzoo Max Pain By Strike
TZOO trades at $9.7, 3.0% below the near-term max pain of $10 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($2.5-$12.5), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Travelzoo Max Pain By Expiry
Max pain for TZOO shows a downward trend from 12.5 to 2.5, indicating bearish sentiment or hedging activity. The 133% spread signals divergent expectations across timeframes. Levels distributed around 9.7. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 10 | 0.30 (3.09%) |
| Oct 17, 2025 | 2.5 | -7.20 (-74.23%) |
| Dec 19, 2025 | 7.5 | -2.20 (-22.68%) |
| Jan 16, 2026 | 5 | -4.70 (-48.45%) |
| Mar 20, 2026 | 12.5 | 2.80 (28.87%) |