(DEW)

DEW trades at $59.84, 15.1% above the near-term max pain of $52 expiring Sep 19, 2025 (17 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($45-$54), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for DEW shows a downward trend from 54 to 45, indicating bearish sentiment or hedging activity. The 18% spread signals divergent expectations across timeframes. Most levels below 59.84 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.