Energy Recovery Inc. (ERII)
Energy Recovery Max Pain By Strike
ERII trades at $14.23, 13.8% above the near-term max pain of $12.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$50), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Energy Recovery Max Pain By Expiry
Max pain for ERII shows a downward trend from 50 to 2.5, indicating bearish sentiment or hedging activity. The 264% spread signals divergent expectations across timeframes. Levels distributed around 14.23. 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 | 12.5 | -1.73 (-12.19%) |
| Oct 17, 2025 | 2.5 | -11.73 (-82.44%) |
| Nov 21, 2025 | 15 | 0.77 (5.37%) |
| Jan 16, 2026 | 50 | 35.77 (251.25%) |
| Feb 20, 2026 | 10 | -4.23 (-29.75%) |