(ECOW)
Max Pain By Strike
ECOW trades at $23.89, 25.7% above the near-term max pain of $19 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$20), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for ECOW shows a downward trend from 20 to 15, indicating bearish sentiment or hedging activity. The 28% spread signals divergent expectations across timeframes. Most levels below 23.89 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 | 19 | -4.89 (-20.45%) |
| Oct 17, 2025 | 15 | -8.89 (-37.20%) |
| Jan 16, 2026 | 18 | -5.89 (-24.64%) |
| Apr 17, 2026 | 20 | -3.89 (-16.27%) |