iShares MSCI Switzerland ... (EWL)
iShares MSCI Switzerland ETF Max Pain By Strike
EWL trades at $56.75, 9.1% above the near-term max pain of $52 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($51-$54), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
iShares MSCI Switzerland ETF Max Pain By Expiry
Max pain for EWL shows an upward trend from 51 to 54, suggesting bullish positioning in longer-dated options. The 6% spread suggests strong consensus on fair value. Most levels below 56.75 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 |
|---|---|---|
| Oct 17, 2025 | 52 | n/a (n/a) |
| Nov 21, 2025 | 54 | n/a (n/a) |
| Jan 16, 2026 | 53 | n/a (n/a) |
| Apr 17, 2026 | 51 | n/a (n/a) |