Enerflex Ltd. (EFXT)

EFXT trades at $11.28, 12.8% above the near-term max pain of $10 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$65), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for EFXT shows a downward trend from 65 to 2.5, indicating bearish sentiment or hedging activity. The 347% spread signals divergent expectations across timeframes. Most levels below 11.28 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.