Cleveland-Cliffs Inc. (CLF)

CLF trades at $10.55, 5.5% above the near-term max pain of $10 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($2-$11), reflecting growing call interest at higher strikes. Key magnetic zone at 10 where 8 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CLF shows an upward trend from 2 to 11, suggesting bullish positioning in longer-dated options. The 102% spread signals divergent expectations across timeframes. Most levels below 10.55 may cap rallies. Strong magnetic level at 10 (8 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.