Cactus Inc. (WHD)
Cactus Max Pain By Strike
WHD trades at $40.44, 10.1% below the near-term max pain of $45 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($20-$45), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Cactus Max Pain By Expiry
Max pain for WHD shows a downward trend from 45 to 20, indicating bearish sentiment or hedging activity. The 68% spread signals divergent expectations across timeframes. Levels distributed around 40.44. 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 |
|---|---|---|
| Aug 15, 2025 | 45 | 4.56 (11.29%) |
| Sep 19, 2025 | 45 | 4.56 (11.29%) |
| Oct 17, 2025 | 20 | -20.44 (-50.54%) |
| Nov 21, 2025 | 40 | -0.44 (-1.08%) |
| Feb 20, 2026 | 35 | -5.44 (-13.44%) |