Forge Global Inc. (FRGE)

FRGE trades at $20.46, 16.9% above the near-term max pain of $17.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($8-$55), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FRGE shows a downward trend from 55 to 8, indicating bearish sentiment or hedging activity. The 234% spread signals divergent expectations across timeframes. Most levels below 20.46 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.