Clearway Energy Inc. (CWEN)
Clearway Energy Max Pain By Strike
CWEN trades at $29.26, 2.5% below the near-term max pain of $30 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($15-$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 15, indicating bearish sentiment or hedging activity. The 195% spread signals divergent expectations across timeframes. Levels distributed around 29.26. 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 |
|---|---|---|
| Aug 15, 2025 | 30 | 0.74 (2.53%) |
| Sep 19, 2025 | 30 | 0.74 (2.53%) |
| Oct 17, 2025 | 15 | -14.26 (-48.74%) |
| Nov 21, 2025 | 30 | 0.74 (2.53%) |
| Feb 20, 2026 | 25 | -4.26 (-14.56%) |
| Dec 18, 2026 | 85 | 55.74 (190.50%) |