OFG Bancorp (OFG)

OFG trades at $42.65, 21.9% above the near-term max pain of $35 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7-$3260), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for OFG shows a downward trend from 3260 to 7, indicating bearish sentiment or hedging activity. The 664% spread signals divergent expectations across timeframes. Most levels below 42.65 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.