Middlesex Water (MSEX)

MSEX trades at $53.5, 78.3% above the near-term max pain of $30 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for MSEX shows a downward trend from 95 to 7.5, indicating bearish sentiment or hedging activity. The 193% spread signals divergent expectations across timeframes. Levels distributed around 53.5. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.