(EWI)
Max Pain By Strike
EWI trades at $51.8, 12.6% above the near-term max pain of $46 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($41-$50), 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 EWI shows a downward trend from 50 to 41, indicating bearish sentiment or hedging activity. The 20% spread signals divergent expectations across timeframes. Most levels below 51.8 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 | 46 | -5.80 (-11.20%) |
| Oct 17, 2025 | 41 | -10.80 (-20.85%) |
| Dec 19, 2025 | 42 | -9.80 (-18.92%) |
| Mar 20, 2026 | 50 | -1.80 (-3.47%) |