Magnolia Oil & Gas Corpor... (MGY)
Magnolia Oil & Gas Max Pain By Strike
MGY trades at $23.81, 5.8% above the near-term max pain of $22.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$22.5), reflecting growing call interest at higher strikes. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Magnolia Oil & Gas Max Pain By Expiry
Max pain for MGY shows an upward trend from 5 to 22.5, suggesting bullish positioning in longer-dated options. The 111% spread signals divergent expectations across timeframes. Most levels below 23.81 may cap rallies. 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 | 22.5 | -1.31 (-5.50%) |
| Sep 19, 2025 | 22.5 | -1.31 (-5.50%) |
| Oct 17, 2025 | 12.5 | -11.31 (-47.50%) |
| Dec 19, 2025 | 20 | -3.81 (-16.00%) |
| Jan 16, 2026 | 5 | -18.81 (-79.00%) |
| Mar 20, 2026 | 12.5 | -11.31 (-47.50%) |