VAALCO Energy Inc. (EGY)

EGY trades at $4.25, 6.3% above the near-term max pain of $4 expiring Oct 17, 2025 (18 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($3-$4), reflecting growing call interest at higher strikes. Key magnetic zone at 4 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for EGY shows an upward trend from 3 to 4, suggesting bullish positioning in longer-dated options. The 27% spread signals divergent expectations across timeframes. Most levels below 4.25 may cap rallies. Strong magnetic level at 4 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.