Armstrong World Industrie... (AWI)
Armstrong World Industries Max Pain By Strike
AWI trades at $193.72, 21.1% above the near-term max pain of $160 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($8-$180), reflecting growing call interest at higher strikes. Key magnetic zone at 180 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Armstrong World Industries Max Pain By Expiry
Max pain for AWI shows an upward trend from 8 to 180, suggesting bullish positioning in longer-dated options. The 124% spread signals divergent expectations across timeframes. Most levels below 193.72 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 | 160 | -33.72 (-17.41%) |
| Oct 17, 2025 | 180 | -13.72 (-7.08%) |
| Dec 19, 2025 | 165 | -28.72 (-14.83%) |
| Jan 16, 2026 | 8 | -185.72 (-95.87%) |
| Mar 20, 2026 | 180 | -13.72 (-7.08%) |