Community West Bancshares (CWBC)
Community West Bancshares Max Pain By Strike
CWBC trades at $21.23, 6.2% above the near-term max pain of $20 expiring Sep 19, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$85), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Community West Bancshares Max Pain By Expiry
Max pain for CWBC shows a downward trend from 85 to 2.5, indicating bearish sentiment or hedging activity. The 300% spread signals divergent expectations across timeframes. Most levels below 21.23 may cap rallies. Strong magnetic level at 20 (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 | 20 | -1.23 (-5.77%) |
| Oct 17, 2025 | 2.5 | -18.73 (-88.22%) |
| Dec 19, 2025 | 17.5 | -3.73 (-17.55%) |
| Mar 20, 2026 | 20 | -1.23 (-5.77%) |
| Dec 18, 2026 | 85 | 63.77 (300.47%) |
| Jan 15, 2027 | 20 | -1.23 (-5.77%) |