West Bancorporation Inc. (WTBA)
West Bancorporation Max Pain By Strike
WTBA trades at $18.72, 149.6% above the near-term max pain of $7.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$540), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
West Bancorporation Max Pain By Expiry
Max pain for WTBA shows an upward trend from 5 to 540, suggesting bullish positioning in longer-dated options. The 451% spread signals divergent expectations across timeframes. Levels distributed around 18.72. 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 | 7.5 | -11.22 (-59.94%) |
| Oct 17, 2025 | 20 | 1.28 (6.84%) |
| Dec 19, 2025 | 540 | 521.28 (2784.62%) |
| Jan 16, 2026 | 20 | 1.28 (6.84%) |
| Apr 17, 2026 | 5 | -13.72 (-73.29%) |