Eni S.p.A. (E)
Eni S.p.A. Max Pain By Strike
E trades at $34.85, pinned near the near-term max pain of $35 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($17.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Eni S.p.A. Max Pain By Expiry
Max pain for E shows a downward trend from 95 to 17.5, indicating bearish sentiment or hedging activity. The 216% spread signals divergent expectations across timeframes. Levels distributed around 34.85. 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 |
|---|---|---|
| Sep 19, 2025 | 35 | 0.15 (0.43%) |
| Oct 17, 2025 | 17.5 | -17.35 (-49.78%) |
| Nov 21, 2025 | 30 | -4.85 (-13.92%) |
| Dec 19, 2025 | 27.5 | -7.35 (-21.09%) |
| Jan 16, 2026 | 95 | 60.15 (172.60%) |
| Feb 20, 2026 | 22.5 | -12.35 (-35.44%) |
| Apr 17, 2026 | 35 | 0.15 (0.43%) |
| May 15, 2026 | 25 | -9.85 (-28.26%) |