Materion Corporation (MTRN)

MTRN trades at $112.81, 18.7% above the near-term max pain of $95 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($70-$100), signaling increased put positioning or downside protection. Key magnetic zone at 95 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MTRN shows a downward trend from 100 to 70, indicating bearish sentiment or hedging activity. The 33% spread signals divergent expectations across timeframes. Most levels below 112.81 may cap rallies. Strong magnetic level at 95 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.