Southwest Gas Inc. (SWX)
Southwest Gas Max Pain By Strike
SWX trades at $78, 4.0% above the near-term max pain of $75 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$80), signaling increased put positioning or downside protection.
Southwest Gas Max Pain By Expiry
Max pain for SWX shows a downward trend from 80 to 35, indicating bearish sentiment or hedging activity. The 78% spread signals divergent expectations across timeframes. Most levels below 78 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 |
|---|---|---|
| Oct 17, 2025 | 75 | n/a (n/a) |
| Nov 21, 2025 | 40 | n/a (n/a) |
| Jan 16, 2026 | 35 | n/a (n/a) |
| Apr 17, 2026 | 80 | n/a (n/a) |