Dow Inc. (DOW)
Dow Max Pain By Strike
DOW trades at $23.61, 5.6% below the near-term max pain of $25 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 ($22-$40), signaling increased put positioning or downside protection. Key magnetic zone at 30 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Dow Max Pain By Expiry
Max pain for DOW shows a downward trend from 40 to 22, indicating bearish sentiment or hedging activity. The 67% spread signals divergent expectations across timeframes. Levels distributed around 23.61. Strong magnetic level at 30 (5 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 | 25 | 1.39 (5.89%) |
| Aug 22, 2025 | 22 | -1.61 (-6.82%) |
| Aug 29, 2025 | 24.5 | 0.89 (3.77%) |
| Sep 5, 2025 | 22 | -1.61 (-6.82%) |
| Sep 12, 2025 | 22 | -1.61 (-6.82%) |
| Sep 19, 2025 | 30 | 6.39 (27.06%) |
| Sep 26, 2025 | 22 | -1.61 (-6.82%) |
| Oct 17, 2025 | 22.5 | -1.11 (-4.70%) |
| Nov 21, 2025 | 25 | 1.39 (5.89%) |
| Dec 19, 2025 | 27.5 | 3.89 (16.48%) |
| Jan 16, 2026 | 30 | 6.39 (27.06%) |
| Mar 20, 2026 | 27.5 | 3.89 (16.48%) |
| Jun 18, 2026 | 30 | 6.39 (27.06%) |
| Sep 18, 2026 | 30 | 6.39 (27.06%) |
| Dec 18, 2026 | 40 | 16.39 (69.42%) |
| Jan 15, 2027 | 30 | 6.39 (27.06%) |