Magic Software Enterprise... (MGIC)

MGIC trades at $19.85, 32.3% above the near-term max pain of $15 expiring Sep 19, 2025 (28 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$990), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MGIC shows a downward trend from 990 to 2.5, indicating bearish sentiment or hedging activity. The 577% spread signals divergent expectations across timeframes. Most levels below 19.85 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.