Clearwater Analytics Inc... (CWAN)
Clearwater Analytics Max Pain By Strike
CWAN trades at $20.76, 3.8% above the near-term max pain of $20 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($12.5-$20), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 4 expirations converge.
Clearwater Analytics Max Pain By Expiry
Max pain for CWAN shows an upward trend from 12.5 to 20, suggesting bullish positioning in longer-dated options. The 41% spread signals divergent expectations across timeframes. Most levels below 20.76 may cap rallies. Strong magnetic level at 20 (4 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 | 20 | -0.76 (-3.66%) |
| Oct 17, 2025 | 20 | -0.76 (-3.66%) |
| Dec 19, 2025 | 20 | -0.76 (-3.66%) |
| Jan 16, 2026 | 17.5 | -3.26 (-15.70%) |
| Mar 20, 2026 | 20 | -0.76 (-3.66%) |
| May 15, 2026 | 12.5 | -8.26 (-39.79%) |