CBOE: DDWM · Real-Time Price · USD
41.51
0.13 (0.31%)
At close: Aug 15, 2025, 3:00 PM

Max Pain By Strike

DDWM trades at $41.51, 22.1% above the near-term max pain of $34 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($32-$36), signaling increased put positioning or downside protection. Key magnetic zone at 34 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for DDWM shows a downward trend from 36 to 32, indicating bearish sentiment or hedging activity. The 12% spread signals divergent expectations across timeframes. Most levels below 41.51 may cap rallies. 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 34 -7.51 (-18.09%)
Oct 17, 2025 32 -9.51 (-22.91%)
Jan 16, 2026 34 -7.51 (-18.09%)
Apr 17, 2026 36 -5.51 (-13.27%)