New Jersey Resources Corp... (NJR)

NJR trades at $46.99, 88.0% above the near-term max pain of $25 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7-$25000), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NJR shows a downward trend from 25000 to 7, indicating bearish sentiment or hedging activity. The 597% spread signals divergent expectations across timeframes. Most levels below 46.99 may cap rallies. Strong magnetic level at 25 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.