Ashland Inc. (ASH)
Ashland Max Pain By Strike
ASH trades at $54.91, pinned near the near-term max pain of $55 expiring Sep 19, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($32.5-$60), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Ashland Max Pain By Expiry
Max pain for ASH shows a downward trend from 60 to 32.5, indicating bearish sentiment or hedging activity. The 54% spread signals divergent expectations across timeframes. Levels distributed around 54.91. 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 | 55 | 0.09 (0.17%) |
| Oct 17, 2025 | 55 | 0.09 (0.17%) |
| Dec 19, 2025 | 32.5 | -22.41 (-40.81%) |
| Jan 16, 2026 | 50 | -4.91 (-8.93%) |
| Apr 17, 2026 | 60 | 5.09 (9.28%) |