AdvisorShares Focused Equ... (CWS)
AdvisorShares Focused Equity ETF Max Pain By Strike
CWS trades at $68.86, 7.6% above the near-term max pain of $64 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($57-$64), signaling increased put positioning or downside protection. Key magnetic zone at 64 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
AdvisorShares Focused Equity ETF Max Pain By Expiry
Max pain for CWS shows a downward trend from 64 to 57, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Most levels below 68.86 may cap rallies. 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 | 64 | -4.86 (-7.06%) |
| Oct 17, 2025 | 57 | -11.86 (-17.22%) |
| Jan 16, 2026 | 63 | -5.86 (-8.51%) |
| Apr 17, 2026 | 64 | -4.86 (-7.06%) |