Remitly Global Inc. (RELY)

RELY trades at $19.65, 31.0% above the near-term max pain of $15 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$20), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for RELY shows a downward trend from 20 to 2.5, indicating bearish sentiment or hedging activity. The 117% spread signals divergent expectations across timeframes. Most levels below 19.65 may cap rallies. Strong magnetic level at 18 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.