Energy Recovery Inc. (ERII)

ERII trades at $14.59, 16.7% above the near-term max pain of $12.5 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$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 12.5, indicating bearish sentiment or hedging activity. The 179% spread signals divergent expectations across timeframes. Levels distributed around 14.59. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.