Orla Mining Ltd. (ORLA)

ORLA trades at $10.79, 7.9% above the near-term max pain of $10 expiring Oct 17, 2025 (18 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$10), signaling increased put positioning or downside protection. Key magnetic zone at 10 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ORLA shows a downward trend from 10 to 7.5, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Most levels below 10.79 may cap rallies. Strong magnetic level at 10 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.