Magna International Inc. (MGA)

MGA trades at $48.99, 8.9% above the near-term max pain of $45 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$990), signaling increased put positioning or downside protection. Key magnetic zone at 43 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MGA shows a downward trend from 990 to 35, indicating bearish sentiment or hedging activity. The 599% spread signals divergent expectations across timeframes. Most levels below 48.99 may cap rallies. Strong magnetic level at 43 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.