(EWH)
Max Pain By Strike
EWH trades at $21.39, 7.0% above the near-term max pain of $20 expiring Sep 19, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$22), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 2 expirations converge.
Max Pain By Expiry
Max pain for EWH shows a downward trend from 22 to 20, indicating bearish sentiment or hedging activity. The 10% spread suggests strong consensus on fair value. Most levels below 21.39 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 | 20 | -1.39 (-6.50%) |
| Oct 17, 2025 | 21 | -0.39 (-1.82%) |
| Dec 19, 2025 | 20 | -1.39 (-6.50%) |
| Mar 20, 2026 | 22 | 0.61 (2.85%) |