Mercer International Inc. (MERC)
Mercer International Max Pain By Strike
MERC trades at $3, pinned near the near-term max pain of $3 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($1-$5), signaling increased put positioning or downside protection. Key magnetic zone at 1 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Mercer International Max Pain By Expiry
Max pain for MERC shows a downward trend from 5 to 1, indicating bearish sentiment or hedging activity. The 191% spread signals divergent expectations across timeframes. Levels distributed around 3. Strong magnetic level at 1 (6 expirations). 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 |
|---|---|---|
| Aug 15, 2025 | 3 | 0.00 (0.17%) |
| Sep 19, 2025 | 3 | 0.00 (0.17%) |
| Oct 17, 2025 | 1 | -2.00 (-66.61%) |
| Nov 21, 2025 | 3 | 0.00 (0.17%) |
| Dec 19, 2025 | 1 | -2.00 (-66.61%) |
| Jan 16, 2026 | 5 | 2.00 (66.94%) |
| Feb 20, 2026 | 3 | 0.00 (0.17%) |
| Mar 20, 2026 | 1 | -2.00 (-66.61%) |
| May 15, 2026 | 1 | -2.00 (-66.61%) |
| Sep 18, 2026 | 1 | -2.00 (-66.61%) |
| Dec 18, 2026 | 1 | -2.00 (-66.61%) |