Empire State Realty Trust... (ESRT)
Empire State Realty Trust Max Pain By Strike
ESRT trades at $7.92, 5.6% above the near-term max pain of $7.5 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$50), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Empire State Realty Trust Max Pain By Expiry
Max pain for ESRT shows a downward trend from 50 to 7.5, indicating bearish sentiment or hedging activity. The 258% spread signals divergent expectations across timeframes. Levels distributed around 7.92. Strong magnetic level at 8 (3 expirations). 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 | 7.5 | -0.42 (-5.36%) |
| Oct 17, 2025 | 7.5 | -0.42 (-5.36%) |
| Dec 19, 2025 | 10 | 2.08 (26.18%) |
| Jan 16, 2026 | 50 | 42.08 (530.91%) |
| Mar 20, 2026 | 7.5 | -0.42 (-5.36%) |