Spire Inc. (SR)

SR trades at $82.26, 64.5% above the near-term max pain of $50 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$55), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SR shows a downward trend from 55 to 50, indicating bearish sentiment or hedging activity. The 10% spread suggests strong consensus on fair value. Most levels below 82.26 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.