AMEX: CWI · Real-Time Price · USD
34.13
0.55 (1.64%)
At close: Aug 22, 2025, 3:59 PM
34.11
-0.06%
After-hours: Aug 22, 2025, 05:29 PM EDT

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%)