Waters Corporation (WAT)
Waters Max Pain By Strike
WAT trades at $306.24, 5.6% above the near-term max pain of $290 expiring Sep 19, 2025 (13 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($40-$320), reflecting growing call interest at higher strikes. Key magnetic zone at 300 where 2 expirations converge.
Waters Max Pain By Expiry
Max pain for WAT shows an upward trend from 40 to 320, suggesting bullish positioning in longer-dated options. The 112% spread signals divergent expectations across timeframes. Most levels below 306.24 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 | 290 | -16.24 (-5.30%) |
| Oct 17, 2025 | 300 | -6.24 (-2.04%) |
| Nov 21, 2025 | 320 | 13.76 (4.49%) |
| Jan 16, 2026 | 40 | -266.24 (-86.94%) |
| Feb 20, 2026 | 300 | -6.24 (-2.04%) |