Watsco Inc. (WSO)

WSO trades at $415.18, 6.5% above the near-term max pain of $390 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($370-$450), signaling increased put positioning or downside protection. Key magnetic zone at 420 where 2 expirations converge.

Max pain for WSO shows a downward trend from 450 to 370, indicating bearish sentiment or hedging activity. The 20% spread signals divergent expectations across timeframes. Levels distributed around 415.18. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.