Endava (DAVA)
Endava Max Pain By Strike
DAVA trades at $12.7, 15.3% below the near-term max pain of $15 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($7.5-$65), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Endava Max Pain By Expiry
Max pain for DAVA shows a downward trend from 65 to 7.5, indicating bearish sentiment or hedging activity. The 260% spread signals divergent expectations across timeframes. Most levels above 12.7 could support dips. Strong magnetic level at 15 (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 |
|---|---|---|
| Aug 15, 2025 | 15 | 2.30 (18.16%) |
| Sep 19, 2025 | 15 | 2.30 (18.16%) |
| Oct 17, 2025 | 15 | 2.30 (18.16%) |
| Jan 16, 2026 | 15 | 2.30 (18.16%) |
| Apr 17, 2026 | 7.5 | -5.20 (-40.92%) |
| Dec 18, 2026 | 65 | 52.30 (412.01%) |