(CWI)
Max Pain By Strike
CWI trades at $34.13, 17.7% above the near-term max pain of $29 expiring Sep 19, 2025 (25 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($23-$30), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for CWI shows a downward trend from 30 to 23, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 34.13 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 | 29 | -5.13 (-15.03%) |
Oct 17, 2025 | 30 | -4.13 (-12.10%) |
Nov 21, 2025 | 23 | -11.13 (-32.61%) |
Feb 20, 2026 | 28 | -6.13 (-17.96%) |