(CWI)

CWI trades at $33.71, 16.2% above the near-term max pain of $29 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($23-$30), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for CWI shows a downward trend from 30 to 23, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 33.71 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.