Royal Gold Inc. (RGLD)

RGLD trades at $200.34, 11.3% above the near-term max pain of $180 expiring Oct 17, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($160-$180), reflecting growing call interest at higher strikes. Key magnetic zone at 175 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for RGLD shows an upward trend from 160 to 180, suggesting bullish positioning in longer-dated options. The 12% spread signals divergent expectations across timeframes. Most levels below 200.34 may cap rallies. Strong magnetic level at 175 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.