CenterPoint Energy Inc. (CNP)
CenterPoint Energy Max Pain By Strike
CNP trades at $37.79, 2.1% above the near-term max pain of $37 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($36-$65), signaling increased put positioning or downside protection. Key magnetic zone at 36 where 2 expirations converge.
CenterPoint Energy Max Pain By Expiry
Max pain for CNP shows a downward trend from 65 to 36, indicating bearish sentiment or hedging activity. The 70% spread signals divergent expectations across timeframes. Levels distributed around 37.79. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 37 | -0.79 (-2.09%) |
| Oct 17, 2025 | 38 | 0.21 (0.56%) |
| Nov 21, 2025 | 37 | -0.79 (-2.09%) |
| Dec 19, 2025 | 36 | -1.79 (-4.74%) |
| Jan 16, 2026 | 65 | 27.21 (72.00%) |
| Feb 20, 2026 | 36 | -1.79 (-4.74%) |