Essential Utilities Inc. (WTRG)

WTRG trades at $38.62, 10.3% above the near-term max pain of $35 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$95), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for WTRG shows a downward trend from 95 to 35, indicating bearish sentiment or hedging activity. The 125% spread signals divergent expectations across timeframes. Levels distributed around 38.62. Strong magnetic level at 35 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.