MediaAlpha Inc. (MAX)

MAX trades at $12.04, 60.5% above the near-term max pain of $7.5 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$12.5), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MAX shows a downward trend from 12.5 to 7.5, indicating bearish sentiment or hedging activity. The 53% spread signals divergent expectations across timeframes. Most levels below 12.04 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.