Clearway Energy Inc. (CWEN)
Clearway Energy Max Pain By Strike
CWEN trades at $28.68, 4.4% below the near-term max pain of $30 expiring Sep 19, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($25-$85), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 3 expirations converge.
Clearway Energy Max Pain By Expiry
Max pain for CWEN shows a downward trend from 85 to 25, indicating bearish sentiment or hedging activity. The 150% spread signals divergent expectations across timeframes. Most levels above 28.68 could support dips. Strong magnetic level at 30 (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 | 30 | 1.32 (4.60%) |
| Oct 17, 2025 | 30 | 1.32 (4.60%) |
| Nov 21, 2025 | 30 | 1.32 (4.60%) |
| Feb 20, 2026 | 25 | -3.68 (-12.83%) |
| Dec 18, 2026 | 85 | 56.32 (196.37%) |