Companhia Siderúrgica Nac... (SID)

SID trades at $1.25, 16.7% below the near-term max pain of $1.5 expiring Sep 19, 2025 (30 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($0.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SID shows a downward trend from 95 to 0.5, indicating bearish sentiment or hedging activity. The 470% spread signals divergent expectations across timeframes. Most levels above 1.25 could support dips. Strong magnetic level at 2 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.