Mercantile Bank Corporati... (MBWM)
Mercantile Bank Max Pain By Strike
MBWM trades at $48.68, 8.2% above the near-term max pain of $45 expiring Sep 19, 2025 (13 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.
Mercantile Bank Max Pain By Expiry
Max pain for MBWM shows an upward trend from 8 to 45, suggesting bullish positioning in longer-dated options. The 119% spread signals divergent expectations across timeframes. Most levels below 48.68 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 45 | -3.68 (-7.56%) |
| Oct 17, 2025 | 22.5 | -26.18 (-53.78%) |
| Dec 19, 2025 | 40 | -8.68 (-17.83%) |
| Jan 16, 2026 | 8 | -40.68 (-83.57%) |
| Mar 20, 2026 | 40 | -8.68 (-17.83%) |