(EWG)
Max Pain By Strike
EWG trades at $41.38, pinned near the near-term max pain of $42 expiring Sep 19, 2025 (8 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($39-$47), indicating stable market expectations. Key magnetic zone at 42 where 2 expirations converge.
Max Pain By Expiry
Max pain for EWG shows stable levels around 42.00, reflecting balanced market expectations. The 19% spread signals divergent expectations across timeframes. Levels distributed around 41.38. 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 | 42 | 0.62 (1.50%) |
| Oct 17, 2025 | 41 | -0.38 (-0.92%) |
| Dec 19, 2025 | 43 | 1.62 (3.91%) |
| Jan 16, 2026 | 42 | 0.62 (1.50%) |
| Apr 17, 2026 | 47 | 5.62 (13.58%) |
| Dec 18, 2026 | 39 | -2.38 (-5.75%) |
| Jan 15, 2027 | 40 | -1.38 (-3.33%) |