Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Metalla Royalty & Streaming options about one week from expiration was $7.50. The chart above shows the exact max pain for each expiration date.

Metalla Royalty & Streaming closed above its near-term max pain on 1 of the last 20 trading days. On Nov 4, 2026 it closed at $7.88, 5.1% above max pain of $7.50.

Over the last 20 trading days, near-term max pain for Metalla Royalty & Streaming ranged from $7.50 to $10.34. It went from $10.00 on Oct 8, 2026 to $7.50 on Nov 4, 2026. See the MTA max pain history for a longer view.

Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company that engages in the acquisition and management of precious metal and copper royalties and streams.