Magna International Inc. (MGA)

MGA trades at $44.23, 10.6% above the near-term max pain of $40 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($27.5-$990), signaling increased put positioning or downside protection. Key magnetic zone at 40 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MGA shows a downward trend from 990 to 27.5, indicating bearish sentiment or hedging activity. The 674% spread signals divergent expectations across timeframes. Most levels below 44.23 may cap rallies. Strong magnetic level at 40 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.