(CWEB)

CWEB trades at $45.02, 7.2% above the near-term max pain of $42 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($34-$95), signaling increased put positioning or downside protection. Key magnetic zone at 41 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CWEB shows a downward trend from 95 to 34, indicating bearish sentiment or hedging activity. The 121% spread signals divergent expectations across timeframes. Most levels below 45.02 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.