(MLPA)
Max Pain By Strike
MLPA trades at $49.48, pinned near the near-term max pain of $50 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($46-$95), signaling increased put positioning or downside protection. Key magnetic zone at 46 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for MLPA shows a downward trend from 95 to 46, indicating bearish sentiment or hedging activity. The 86% spread signals divergent expectations across timeframes. Levels distributed around 49.48. 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 |
|---|---|---|
| Sep 19, 2025 | 50 | 0.52 (1.05%) |
| Oct 17, 2025 | 47 | -2.48 (-5.01%) |
| Dec 19, 2025 | 46 | -3.48 (-7.03%) |
| Jan 16, 2026 | 95 | 45.52 (92.00%) |
| Mar 20, 2026 | 46 | -3.48 (-7.03%) |