Energizer Inc. (ENR)

ENR trades at $25.91, 13.6% below the near-term max pain of $30 expiring Oct 17, 2025 (19 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($22.5-$50), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ENR shows a downward trend from 50 to 22.5, indicating bearish sentiment or hedging activity. The 96% spread signals divergent expectations across timeframes. Levels distributed around 25.91. Strong magnetic level at 23 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.