McEwen Mining Inc. (MUX)

MUX trades at $17.41, 190.2% above the near-term max pain of $6 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($6-$15), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MUX shows a downward trend from 15 to 6, indicating bearish sentiment or hedging activity. The 78% spread signals divergent expectations across timeframes. Most levels below 17.41 may cap rallies. Strong magnetic level at 15 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.