Magna International Inc. (MGA)

MGA trades at $44.02, 17.4% above the near-term max pain of $37.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($27.5-$990), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 2 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 27.5, indicating bearish sentiment or hedging activity. The 618% spread signals divergent expectations across timeframes. Most levels below 44.02 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.