(MDIV)

MDIV trades at $16.04, 100.5% above the near-term max pain of $8 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($8-$720), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MDIV shows a downward trend from 720 to 8, indicating bearish sentiment or hedging activity. The 473% spread signals divergent expectations across timeframes. Most levels below 16.04 may cap rallies. Strong magnetic level at 8 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.