Marchex Inc. (MCHX)

MCHX trades at $1.81, 27.6% below the near-term max pain of $2.5 expiring Oct 17, 2025 (11 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($2.5-$65), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MCHX shows a downward trend from 65 to 2.5, indicating bearish sentiment or hedging activity. The 417% spread signals divergent expectations across timeframes. Most levels above 1.81 could support dips. Strong magnetic level at 3 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.