MFA Financial Inc. (MFA)

MFA trades at $9.69, 7.7% above the near-term max pain of $9 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2-$980), signaling increased put positioning or downside protection. Key magnetic zone at 9 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MFA shows a downward trend from 980 to 2, indicating bearish sentiment or hedging activity. The 574% spread signals divergent expectations across timeframes. Levels distributed around 9.69. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.