MGIC Investment Corporati... (MTG)

MTG trades at $28.4, 13.6% above the near-term max pain of $25 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$30), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MTG shows a downward trend from 30 to 25, indicating bearish sentiment or hedging activity. The 19% spread signals divergent expectations across timeframes. Levels distributed around 28.4. Strong magnetic level at 25 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.