(WFH)
Max Pain By Strike
WFH trades at $66.75, 6.0% above the near-term max pain of $63 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($47-$63), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for WFH shows a downward trend from 63 to 47, indicating bearish sentiment or hedging activity. The 28% spread signals divergent expectations across timeframes. Most levels below 66.75 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 | 63 | -3.75 (-5.61%) |
| Oct 17, 2025 | 47 | -19.75 (-29.58%) |
| Jan 16, 2026 | 60 | -6.75 (-10.11%) |
| Apr 17, 2026 | 61 | -5.75 (-8.61%) |