Matthews International Co... (MATW)

MATW trades at $23.71, 5.4% above the near-term max pain of $22.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$22.5), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MATW shows an upward trend from 8 to 22.5, suggesting bullish positioning in longer-dated options. The 105% spread signals divergent expectations across timeframes. Most levels below 23.71 may cap rallies. Strong magnetic level at 13 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.