NiSource Inc. (NI)

NI trades at $43.84, 9.6% above the near-term max pain of $40 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($40-$40), indicating stable market expectations. Key magnetic zone at 40 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for NI shows stable levels around 40.00, reflecting balanced market expectations. The 0% spread suggests strong consensus on fair value. Most levels below 43.84 may cap rallies. Strong magnetic level at 40 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.