MGE Energy Inc. (MGEE)
MGE Energy Max Pain By Strike
MGEE trades at $84.05, 6.6% below the near-term max pain of $90 expiring Aug 15, 2025 (-1 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($75-$720), signaling increased put positioning or downside protection. Key magnetic zone at 75 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
MGE Energy Max Pain By Expiry
Max pain for MGEE shows a downward trend from 720 to 75, indicating bearish sentiment or hedging activity. The 344% spread signals divergent expectations across timeframes. Levels distributed around 84.05. 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 |
|---|---|---|
| Aug 15, 2025 | 90 | 5.95 (7.08%) |
| Sep 19, 2025 | 75 | -9.05 (-10.77%) |
| Oct 17, 2025 | 75 | -9.05 (-10.77%) |
| Nov 21, 2025 | 85 | 0.95 (1.13%) |
| Jan 16, 2026 | 720 | 635.95 (756.63%) |
| Feb 20, 2026 | 80 | -4.05 (-4.82%) |