Magnachip Semiconductor C... (MX)

MX trades at $3.19, 27.6% above the near-term max pain of $2.5 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$5), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MX shows a downward trend from 5 to 2.5, indicating bearish sentiment or hedging activity. The 63% spread signals divergent expectations across timeframes. Levels distributed around 3.19. Strong magnetic level at 5 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.