Banco Macro S.A. (BMA)

BMA trades at $45.29, 39.6% below the near-term max pain of $75 expiring Oct 17, 2025 (18 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($60-$5600), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BMA shows a downward trend from 5600 to 60, indicating bearish sentiment or hedging activity. The 469% spread signals divergent expectations across timeframes. Most levels above 45.29 could support dips. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.