BorgWarner Inc. (BWA)
BorgWarner Max Pain By Strike
BWA trades at $44.05, 60.2% above the near-term max pain of $27.5 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($27.5-$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.
BorgWarner Max Pain By Expiry
Max pain for BWA shows a downward trend from 95 to 27.5, indicating bearish sentiment or hedging activity. The 149% spread signals divergent expectations across timeframes. Most levels below 44.05 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 | 27.5 | n/a (n/a) |
Nov 21, 2025 | 42.5 | n/a (n/a) |
Jan 16, 2026 | 37.5 | n/a (n/a) |
Apr 17, 2026 | 35 | n/a (n/a) |
May 15, 2026 | 35 | n/a (n/a) |
Dec 18, 2026 | 95 | n/a (n/a) |