Warner Music Group Corp. (WMG)

WMG trades at $32.45, 15.9% above the near-term max pain of $28 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($24-$35), indicating stable market expectations. Key magnetic zone at 27 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for WMG shows stable levels around 28.50, reflecting balanced market expectations. The 39% spread signals divergent expectations across timeframes. Most levels below 32.45 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.