Williams Companies Inc. (WMB)
Williams Companies Max Pain By Strike
WMB trades at $56.52, 2.6% below the near-term max pain of $58 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($50-$60), reflecting growing call interest at higher strikes. Key magnetic zone at 55 where 5 expirations converge.
Williams Companies Max Pain By Expiry
Max pain for WMB shows an upward trend from 50 to 60, suggesting bullish positioning in longer-dated options. The 18% spread signals divergent expectations across timeframes. Levels distributed around 56.52. Strong magnetic level at 55 (5 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 |
|---|---|---|
| Aug 22, 2025 | 58 | 1.48 (2.61%) |
| Aug 29, 2025 | 58 | 1.48 (2.61%) |
| Sep 5, 2025 | 59 | 2.48 (4.38%) |
| Sep 12, 2025 | 58 | 1.48 (2.61%) |
| Sep 19, 2025 | 55 | -1.52 (-2.70%) |
| Sep 26, 2025 | 58 | 1.48 (2.61%) |
| Oct 17, 2025 | 55 | -1.52 (-2.70%) |
| Nov 21, 2025 | 60 | 3.48 (6.15%) |
| Jan 16, 2026 | 55 | -1.52 (-2.70%) |
| Feb 20, 2026 | 55 | -1.52 (-2.70%) |
| Mar 20, 2026 | 55 | -1.52 (-2.70%) |
| Jun 18, 2026 | 60 | 3.48 (6.15%) |
| Sep 18, 2026 | 60 | 3.48 (6.15%) |
| Jan 15, 2027 | 50 | -6.52 (-11.54%) |