CenterPoint Energy Inc. (CNP)

CNP trades at $38.81, 2.1% above the near-term max pain of $38 expiring Oct 17, 2025 (19 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.

Max pain for CNP shows a downward trend from 65 to 36, indicating bearish sentiment or hedging activity. The 69% spread signals divergent expectations across timeframes. Levels distributed around 38.81. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.