James River Group Ltd. (JRVR)

JRVR trades at $5.43, 8.6% above the near-term max pain of $5 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for JRVR shows a downward trend from 95 to 2.5, indicating bearish sentiment or hedging activity. The 402% spread signals divergent expectations across timeframes. Levels distributed around 5.43. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.