(EWT)
Max Pain By Strike
EWT trades at $59.67, 8.5% above the near-term max pain of $55 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($49.49-$61), reflecting growing call interest at higher strikes.
Max Pain By Expiry
Max pain for EWT shows an upward trend from 49.49 to 61, suggesting bullish positioning in longer-dated options. The 21% spread signals divergent expectations across timeframes. Levels distributed around 59.67. 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 | 55 | -4.67 (-7.83%) |
| Oct 17, 2025 | 61 | 1.33 (2.23%) |
| Dec 19, 2025 | 60 | 0.33 (0.55%) |
| Jan 16, 2026 | 50.49 | -9.18 (-15.38%) |
| Mar 20, 2026 | 57 | -2.67 (-4.47%) |
| Jan 15, 2027 | 49.49 | -10.18 (-17.06%) |