(MGC)
Max Pain By Strike
MGC trades at $232.03, 17.8% above the near-term max pain of $197 expiring Sep 19, 2025 (17 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($197-$990), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for MGC shows a downward trend from 990 to 197, indicating bearish sentiment or hedging activity. The 217% spread signals divergent expectations across timeframes. Most levels below 232.03 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 197 | -35.03 (-15.10%) |
| Oct 17, 2025 | 230 | -2.03 (-0.87%) |
| Jan 16, 2026 | 210 | -22.03 (-9.49%) |
| Apr 17, 2026 | 199 | -33.03 (-14.24%) |
| Dec 18, 2026 | 990 | 757.97 (326.67%) |