OneWater Marine Inc. (ONEW)

ONEW trades at $16.11, 7.4% above the near-term max pain of $15 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$20), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for ONEW shows a downward trend from 20 to 2.5, indicating bearish sentiment or hedging activity. The 125% spread signals divergent expectations across timeframes. Levels distributed around 16.11. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.