Ellington Financial Inc. (EFC)

EFC trades at $13.15, 12.3% below the near-term max pain of $15 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($12.5-$15), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 3 expirations converge.

Max pain for EFC shows an upward trend from 12.5 to 15, suggesting bullish positioning in longer-dated options. The 19% spread signals divergent expectations across timeframes. Most levels below 13.15 may cap rallies. Strong magnetic level at 13 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.