(PWZ)
Max Pain By Strike
PWZ trades at $23.11, pinned near the near-term max pain of $23 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($18-$24), reflecting growing call interest at higher strikes. Key magnetic zone at 18 where 2 expirations converge.
Max Pain By Expiry
Max pain for PWZ shows an upward trend from 18 to 24, suggesting bullish positioning in longer-dated options. The 29% spread signals divergent expectations across timeframes. Most levels below 23.11 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 | 23 | -0.11 (-0.50%) |
| Oct 17, 2025 | 24 | 0.89 (3.83%) |
| Jan 16, 2026 | 18 | -5.11 (-22.13%) |
| Apr 17, 2026 | 18 | -5.11 (-22.13%) |