Emera (EMA)
Emera Max Pain By Strike
EMA trades at $46.81, 4.0% above the near-term max pain of $45 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($25-$45), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 2 expirations converge.
Emera Max Pain By Expiry
Max pain for EMA shows a downward trend from 45 to 25, indicating bearish sentiment or hedging activity. The 52% spread signals divergent expectations across timeframes. Most levels below 46.81 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 |
|---|---|---|
| Sep 19, 2025 | 45 | -1.81 (-3.87%) |
| Oct 17, 2025 | 25 | -21.81 (-46.59%) |
| Dec 19, 2025 | 40 | -6.81 (-14.55%) |
| Mar 20, 2026 | 45 | -1.81 (-3.87%) |