MAG Silver Corp. (MAG)

MAG trades at $23.04, 31.7% 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 ($12.5-$80), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MAG shows a downward trend from 80 to 12.5, indicating bearish sentiment or hedging activity. The 249% spread signals divergent expectations across timeframes. Most levels below 23.04 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.