Advanced Drainage Systems... (WMS)
Advanced Drainage Systems Max Pain By Strike
WMS trades at $140.99, 22.6% above the near-term max pain of $115 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($115-$135), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Advanced Drainage Systems Max Pain By Expiry
Max pain for WMS shows a downward trend from 135 to 115, indicating bearish sentiment or hedging activity. The 16% spread signals divergent expectations across timeframes. Most levels below 140.99 may cap rallies. 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 | 115 | -25.99 (-18.43%) |
| Oct 17, 2025 | 130 | -10.99 (-7.79%) |
| Dec 19, 2025 | 120 | -20.99 (-14.89%) |
| Mar 20, 2026 | 135 | -5.99 (-4.25%) |