Steel Dynamics Inc. (STLD)

STLD trades at $139.63, 3.4% above the near-term max pain of $135 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($70-$140), indicating stable market expectations. Key magnetic zone at 130 where 6 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for STLD shows stable levels around 122.50, reflecting balanced market expectations. The 57% spread signals divergent expectations across timeframes. Most levels below 139.63 may cap rallies. Strong magnetic level at 130 (6 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.