Energy Recovery Inc. (ERII)

ERII trades at $14.16, 13.3% above the near-term max pain of $12.5 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$50), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ERII shows a downward trend from 50 to 2.5, indicating bearish sentiment or hedging activity. The 278% spread signals divergent expectations across timeframes. Levels distributed around 14.16. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.