Newell Brands Inc. (NWL)
Newell Brands Max Pain By Strike
NWL trades at $5.53, 10.6% above the near-term max pain of $5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1-$990), signaling increased put positioning or downside protection. Key magnetic zone at 5 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Newell Brands Max Pain By Expiry
Max pain for NWL shows a downward trend from 990 to 1, indicating bearish sentiment or hedging activity. The 772% spread signals divergent expectations across timeframes. Levels distributed around 5.53. Strong magnetic level at 5 (3 expirations). 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 |
|---|---|---|
| Aug 15, 2025 | 5 | -0.53 (-9.58%) |
| Sep 19, 2025 | 6 | 0.47 (8.50%) |
| Oct 17, 2025 | 1 | -4.53 (-81.92%) |
| Dec 19, 2025 | 7 | 1.47 (26.58%) |
| Jan 16, 2026 | 6 | 0.47 (8.50%) |
| Mar 20, 2026 | 5 | -0.53 (-9.58%) |
| Dec 18, 2026 | 990 | 984.47 (17802.35%) |
| Jan 15, 2027 | 5 | -0.53 (-9.58%) |