BorgWarner Inc. (BWA)

BWA trades at $41.38, 18.2% above the near-term max pain of $35 expiring Aug 15, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($22.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 35 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for BWA shows a downward trend from 95 to 22.5, indicating bearish sentiment or hedging activity. The 172% spread signals divergent expectations across timeframes. Most levels below 41.38 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.