Waters Corporation (WAT)

WAT trades at $291.75, 2.8% below the near-term max pain of $300 expiring Oct 17, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($40-$330), signaling increased put positioning or downside protection. Key magnetic zone at 300 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for WAT shows a downward trend from 330 to 40, indicating bearish sentiment or hedging activity. The 112% spread signals divergent expectations across timeframes. Most levels above 291.75 could support dips. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.