Southwest Gas Inc. (SWX)

SWX trades at $78.39, 4.5% above the near-term max pain of $75 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$80), signaling increased put positioning or downside protection. Key magnetic zone at 75 where 2 expirations converge.

Max pain for SWX shows a downward trend from 80 to 35, indicating bearish sentiment or hedging activity. The 68% spread signals divergent expectations across timeframes. Most levels below 78.39 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.