(EQWL)
Max Pain By Strike
EQWL trades at $113.69, 9.3% above the near-term max pain of $104 expiring Sep 19, 2025 (8 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($88-$104), 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 EQWL shows a downward trend from 104 to 88, indicating bearish sentiment or hedging activity. The 16% spread signals divergent expectations across timeframes. Most levels below 113.69 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 | 104 | -9.69 (-8.52%) |
| Oct 17, 2025 | 101 | -12.69 (-11.16%) |
| Dec 19, 2025 | 88 | -25.69 (-22.59%) |
| Mar 20, 2026 | 100 | -13.69 (-12.04%) |