Mercury General Corporati... (MCY)

MCY trades at $75.38, 16.0% above the near-term max pain of $65 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$450), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MCY shows a downward trend from 450 to 35, indicating bearish sentiment or hedging activity. The 361% spread signals divergent expectations across timeframes. Most levels below 75.38 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.