Webster Financial Corpora... (WBS)

WBS trades at $61.52, 7.0% above the near-term max pain of $57.5 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$410), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for WBS shows a downward trend from 410 to 50, indicating bearish sentiment or hedging activity. The 315% spread signals divergent expectations across timeframes. Most levels below 61.52 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.