EnerSys (ENS)

ENS trades at $114.76, 14.8% above the near-term max pain of $100 expiring Oct 17, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$100), reflecting growing call interest at higher strikes. Key magnetic zone at 100 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ENS shows an upward trend from 8 to 100, suggesting bullish positioning in longer-dated options. The 130% spread signals divergent expectations across timeframes. Most levels below 114.76 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.