EQT Corporation (EQT)

EQT trades at $56.03, 7.8% above the near-term max pain of $52 expiring Oct 10, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($40-$55), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for EQT shows a downward trend from 55 to 40, indicating bearish sentiment or hedging activity. The 29% spread signals divergent expectations across timeframes. Most levels below 56.03 may cap rallies. Strong magnetic level at 55 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.