Banco Macro S.A. (BMA)

BMA trades at $43.07, 28.2% below the near-term max pain of $60 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 ($60-$5600), signaling increased put positioning or downside protection. Key magnetic zone at 60 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BMA shows a downward trend from 5600 to 60, indicating bearish sentiment or hedging activity. The 470% spread signals divergent expectations across timeframes. Most levels above 43.07 could support dips. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.