McEwen Mining Inc. (MUX)

MUX trades at $10.18, 13.1% above the near-term max pain of $9 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($6-$12), signaling increased put positioning or downside protection. Key magnetic zone at 9 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MUX shows a downward trend from 12 to 6, indicating bearish sentiment or hedging activity. The 67% spread signals divergent expectations across timeframes. Levels distributed around 10.18. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.