(EWL)
Max Pain By Strike
EWL trades at $54.45, 2.7% above the near-term max pain of $53 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($51-$53), reflecting growing call interest at higher strikes. Key magnetic zone at 53 where 2 expirations converge.
Max Pain By Expiry
Max pain for EWL shows an upward trend from 51 to 53, suggesting bullish positioning in longer-dated options. The 4% spread suggests strong consensus on fair value. Most levels below 54.45 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 | 53 | -1.45 (-2.66%) |
| Oct 17, 2025 | 52 | -2.45 (-4.50%) |
| Jan 16, 2026 | 53 | -1.45 (-2.66%) |
| Apr 17, 2026 | 51 | -3.45 (-6.34%) |