Magic Software Enterprise... (MGIC)

MGIC trades at $19.25, 10.0% above the near-term max pain of $17.5 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$990), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MGIC shows a downward trend from 990 to 2.5, indicating bearish sentiment or hedging activity. The 570% spread signals divergent expectations across timeframes. Most levels below 19.25 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.