(ACWV)
Max Pain By Strike
ACWV trades at $119.67, 3.2% above the near-term max pain of $116 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($80-$116), signaling increased put positioning or downside protection.
Max Pain By Expiry
Max pain for ACWV shows a downward trend from 116 to 80, indicating bearish sentiment or hedging activity. The 34% spread signals divergent expectations across timeframes. Most levels below 119.67 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 | 116 | -3.67 (-3.07%) |
| Oct 17, 2025 | 114 | -5.67 (-4.74%) |
| Jan 16, 2026 | 80 | -39.67 (-33.15%) |
| Apr 17, 2026 | 108 | -11.67 (-9.76%) |