Mercury General Corporati... (MCY)

MCY trades at $76.55, 53.1% above the near-term max pain of $50 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($45-$450), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MCY shows a downward trend from 450 to 45, indicating bearish sentiment or hedging activity. The 305% spread signals divergent expectations across timeframes. Most levels below 76.55 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.