Shinhan Financial Group C... (SHG)

SHG trades at $50.62, 12.5% 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 ($30-$50), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SHG shows a downward trend from 50 to 30, indicating bearish sentiment or hedging activity. The 47% spread signals divergent expectations across timeframes. Most levels below 50.62 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.