(MNA)

MNA trades at $35.68, 11.5% above the near-term max pain of $32 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$33), reflecting growing call interest at higher strikes. Key magnetic zone at 32 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MNA shows an upward trend from 5 to 33, suggesting bullish positioning in longer-dated options. The 105% spread signals divergent expectations across timeframes. Most levels below 35.68 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.