Algoma Steel Group Inc. (ASTL)

ASTL trades at $3.31, 17.3% below the near-term max pain of $4 expiring Oct 17, 2025 (12 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($4-$5), reflecting growing call interest at higher strikes. Key magnetic zone at 4 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ASTL shows an upward trend from 4 to 5, suggesting bullish positioning in longer-dated options. The 24% spread signals divergent expectations across timeframes. Most levels above 3.31 could support dips. Strong magnetic level at 4 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.