(DWM)
Max Pain By Strike
DWM trades at $65.55, 13.0% above the near-term max pain of $58 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($47-$80), signaling increased put positioning or downside protection. Key magnetic zone at 58 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for DWM shows a downward trend from 80 to 47, indicating bearish sentiment or hedging activity. The 55% spread signals divergent expectations across timeframes. Most levels below 65.55 may cap rallies. Strong magnetic level at 58 (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 | 58 | -7.55 (-11.52%) |
Oct 17, 2025 | 47 | -18.55 (-28.30%) |
Nov 21, 2025 | 58 | -7.55 (-11.52%) |
Jan 16, 2026 | 80 | 14.45 (22.04%) |
Feb 20, 2026 | 58 | -7.55 (-11.52%) |