(EWH)

EWH trades at $21.16, 11.4% above the near-term max pain of $19 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($11-$20), signaling increased put positioning or downside protection. Key magnetic zone at 19 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for EWH shows a downward trend from 20 to 11, indicating bearish sentiment or hedging activity. The 51% spread signals divergent expectations across timeframes. Most levels below 21.16 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.