(MGC)

MGC trades at $235.06, 19.3% above the near-term max pain of $197 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($197-$990), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MGC shows a downward trend from 990 to 197, indicating bearish sentiment or hedging activity. The 218% spread signals divergent expectations across timeframes. Most levels below 235.06 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.