Mercury General Corporati... (MCY)

MCY trades at $86.8, 8.5% above the near-term max pain of $80 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$450), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MCY shows a downward trend from 450 to 50, indicating bearish sentiment or hedging activity. The 276% spread signals divergent expectations across timeframes. Most levels below 86.8 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.