SPDR S&P MIDCAP 400 ETF T... (MDY)

MDY trades at $601.66, pinned near the near-term max pain of $590 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($500-$590), reflecting growing call interest at higher strikes. Key magnetic zone at 580 where 2 expirations converge.

Max pain for MDY shows an upward trend from 500 to 590, suggesting bullish positioning in longer-dated options. The 16% spread signals divergent expectations across timeframes. Most levels below 601.66 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.