American States Water (AWR)

AWR trades at $70.75, 5.7% below the near-term max pain of $75 expiring Oct 17, 2025 (12 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($70-$980), signaling increased put positioning or downside protection. Key magnetic zone at 75 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for AWR shows a downward trend from 980 to 70, indicating bearish sentiment or hedging activity. The 404% spread signals divergent expectations across timeframes. Most levels above 70.75 could support dips. Strong magnetic level at 75 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.