Emera (EMA)
Emera Max Pain By Strike
EMA trades at $47.51, 90.0% above the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$45), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Emera Max Pain By Expiry
Max pain for EMA shows a downward trend from 45 to 25, indicating bearish sentiment or hedging activity. The 59% spread signals divergent expectations across timeframes. Most levels below 47.51 may cap rallies. 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 |
|---|---|---|
| Aug 15, 2025 | 25 | -22.51 (-47.38%) |
| Sep 19, 2025 | 45 | -2.51 (-5.28%) |
| Oct 17, 2025 | 25 | -22.51 (-47.38%) |
| Dec 19, 2025 | 40 | -7.51 (-15.81%) |
| Mar 20, 2026 | 35 | -12.51 (-26.33%) |