(ERX)
Max Pain By Strike
ERX trades at $51.72, pinned near the near-term max pain of $51 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($39-$56), reflecting growing call interest at higher strikes. Key magnetic zone at 51 where 2 expirations converge.
Max Pain By Expiry
Max pain for ERX shows an upward trend from 39 to 56, suggesting bullish positioning in longer-dated options. The 35% spread signals divergent expectations across timeframes. Most levels below 51.72 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 | 51 | -0.72 (-1.39%) |
| Oct 17, 2025 | 51 | -0.72 (-1.39%) |
| Jan 16, 2026 | 56 | 4.28 (8.28%) |
| Apr 17, 2026 | 39 | -12.72 (-24.59%) |
| Jun 18, 2026 | 42 | -9.72 (-18.79%) |
| Jan 15, 2027 | 50 | -1.72 (-3.33%) |