Wolverine World Wide Inc. (WWW)
Wolverine World Wide Max Pain By Strike
WWW trades at $28.15, 40.7% above the near-term max pain of $20 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$25), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Wolverine World Wide Max Pain By Expiry
Max pain for WWW shows a downward trend from 25 to 15, indicating bearish sentiment or hedging activity. The 51% spread signals divergent expectations across timeframes. Most levels below 28.15 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 | 20 | -8.15 (-28.95%) |
| Oct 17, 2025 | 15 | -13.15 (-46.71%) |
| Dec 19, 2025 | 20 | -8.15 (-28.95%) |
| Mar 20, 2026 | 25 | -3.15 (-11.19%) |
| Dec 18, 2026 | 17.5 | -10.65 (-37.83%) |