Saratoga Investment Corp. (SAR)

SAR trades at $24.41, 2.4% below the near-term max pain of $25 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$55), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 3 expirations converge.

Max pain for SAR shows an upward trend from 7 to 55, suggesting bullish positioning in longer-dated options. The 181% spread signals divergent expectations across timeframes. Levels distributed around 24.41. Strong magnetic level at 25 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.