BorgWarner Inc. (BWA)
BorgWarner Max Pain By Strike
BWA trades at $42.97, 14.6% above the near-term max pain of $37.5 expiring Sep 19, 2025 (28 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($22.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 28 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
BorgWarner Max Pain By Expiry
Max pain for BWA shows a downward trend from 95 to 22.5, indicating bearish sentiment or hedging activity. The 176% spread signals divergent expectations across timeframes. Most levels below 42.97 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 | 37.5 | -5.47 (-12.73%) |
| Oct 17, 2025 | 27.5 | -15.47 (-36.00%) |
| Jan 16, 2026 | 37.5 | -5.47 (-12.73%) |
| Apr 17, 2026 | 27.5 | -15.47 (-36.00%) |
| May 15, 2026 | 22.5 | -20.47 (-47.64%) |
| Dec 18, 2026 | 95 | 52.03 (121.08%) |