CDW Corporation (CDW)
CDW Max Pain By Strike
CDW trades at $168.43, 2.1% above the near-term max pain of $165 expiring Sep 19, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$165), reflecting growing call interest at higher strikes. Key magnetic zone at 165 where 3 expirations converge.
CDW Max Pain By Expiry
Max pain for CDW shows an upward trend from 8 to 165, suggesting bullish positioning in longer-dated options. The 120% spread signals divergent expectations across timeframes. Most levels below 168.43 may cap rallies. Strong magnetic level at 165 (3 expirations). 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 | 165 | -3.43 (-2.03%) |
| Oct 17, 2025 | 165 | -3.43 (-2.03%) |
| Dec 19, 2025 | 165 | -3.43 (-2.03%) |
| Mar 20, 2026 | 150 | -18.43 (-10.94%) |
| Dec 18, 2026 | 8 | -160.43 (-95.25%) |