Enbridge Inc. (ENB)
Enbridge Max Pain By Strike
ENB trades at $46.69, pinned near the near-term max pain of $47.5 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($30-$47.5), reflecting growing call interest at higher strikes. Key magnetic zone at 45 where 2 expirations converge.
Enbridge Max Pain By Expiry
Max pain for ENB shows an upward trend from 30 to 47.5, suggesting bullish positioning in longer-dated options. The 42% spread signals divergent expectations across timeframes. Most levels below 46.69 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 |
|---|---|---|
| Sep 19, 2025 | 47.5 | 0.81 (1.75%) |
| Oct 17, 2025 | 45 | -1.69 (-3.61%) |
| Jan 16, 2026 | 45 | -1.69 (-3.61%) |
| Apr 17, 2026 | 30 | -16.69 (-35.74%) |
| Jan 15, 2027 | 40 | -6.69 (-14.32%) |