Chewy Inc. (CHWY)
Chewy Max Pain By Strike
CHWY trades at $38.23, pinned near the near-term max pain of $37.5 expiring Sep 19, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($20-$40), reflecting growing call interest at higher strikes. Key magnetic zone at 38 where 5 expirations converge.
Chewy Max Pain By Expiry
Max pain for CHWY shows an upward trend from 20 to 40, suggesting bullish positioning in longer-dated options. The 57% spread signals divergent expectations across timeframes. Most levels below 38.23 may cap rallies. Strong magnetic level at 38 (5 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 | 37.5 | -0.71 (-1.86%) |
| Sep 26, 2025 | 36.5 | -1.71 (-4.48%) |
| Oct 3, 2025 | 37.5 | -0.71 (-1.86%) |
| Oct 10, 2025 | 36 | -2.21 (-5.78%) |
| Oct 17, 2025 | 37.5 | -0.71 (-1.86%) |
| Oct 24, 2025 | 35 | -3.21 (-8.40%) |
| Oct 31, 2025 | 35 | -3.21 (-8.40%) |
| Nov 21, 2025 | 40 | 1.79 (4.68%) |
| Dec 19, 2025 | 37.5 | -0.71 (-1.86%) |
| Jan 16, 2026 | 32.5 | -5.71 (-14.94%) |
| Mar 20, 2026 | 37.5 | -0.71 (-1.86%) |
| Apr 17, 2026 | 35 | -3.21 (-8.40%) |
| Jun 18, 2026 | 40 | 1.79 (4.68%) |
| Sep 18, 2026 | 35 | -3.21 (-8.40%) |
| Jan 15, 2027 | 30 | -8.21 (-21.49%) |
| Jan 21, 2028 | 20 | -18.21 (-47.66%) |