Mercantile Bank Corporati... (MBWM)

MBWM trades at $46.19, 15.5% above the near-term max pain of $40 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$45), reflecting growing call interest at higher strikes. Key magnetic zone at 40 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MBWM shows an upward trend from 8 to 45, suggesting bullish positioning in longer-dated options. The 123% spread signals divergent expectations across timeframes. Most levels below 46.19 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.