Endava (DAVA)
Endava Max Pain By Strike
DAVA trades at $14.42, 3.9% below the near-term max pain of $15 expiring Sep 19, 2025 (22 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($12.5-$65), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 3 expirations converge.
Endava Max Pain By Expiry
Max pain for DAVA shows a downward trend from 65 to 12.5, indicating bearish sentiment or hedging activity. The 214% spread signals divergent expectations across timeframes. Most levels above 14.42 could support dips. Strong magnetic level at 15 (3 expirations). 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 | 15 | 0.58 (4.02%) |
| Oct 17, 2025 | 15 | 0.58 (4.02%) |
| Jan 16, 2026 | 15 | 0.58 (4.02%) |
| Apr 17, 2026 | 12.5 | -1.92 (-13.31%) |
| Dec 18, 2026 | 65 | 50.58 (350.76%) |