Royal Gold Inc. (RGLD)

RGLD trades at $186.18, 12.8% above the near-term max pain of $165 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($155-$170), indicating stable market expectations. Key magnetic zone at 160 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for RGLD shows stable levels around 162.86, reflecting balanced market expectations. The 9% spread suggests strong consensus on fair value. Most levels below 186.18 may cap rallies. Strong magnetic level at 160 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.