Kinross Gold Corporation (KGC)

KGC trades at $25.02, 6.5% above the near-term max pain of $23.5 expiring Oct 10, 2025 (4 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$25), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for KGC shows a downward trend from 25 to 15, indicating bearish sentiment or hedging activity. The 49% spread signals divergent expectations across timeframes. Most levels below 25.02 may cap rallies. Strong magnetic level at 15 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.