Essential Utilities Inc. (WTRG)
Essential Utilities Max Pain By Strike
WTRG trades at $39.15, 11.9% above the near-term max pain of $35 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$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.
Essential Utilities Max Pain By Expiry
Max pain for WTRG shows a downward trend from 95 to 20, indicating bearish sentiment or hedging activity. The 173% spread signals divergent expectations across timeframes. Levels distributed around 39.15. Strong magnetic level at 35 (3 expirations). 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 | 35 | -4.15 (-10.59%) |
| Sep 19, 2025 | 40 | 0.85 (2.18%) |
| Oct 17, 2025 | 20 | -19.15 (-48.91%) |
| Dec 19, 2025 | 35 | -4.15 (-10.59%) |
| Jan 16, 2026 | 95 | 55.85 (142.69%) |
| Mar 20, 2026 | 35 | -4.15 (-10.59%) |