(WIP)
Max Pain By Strike
WIP trades at $38.56, pinned near the near-term max pain of $38 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($36-$42), reflecting growing call interest at higher strikes. Key magnetic zone at 38 where 2 expirations converge.
Max Pain By Expiry
Max pain for WIP shows an upward trend from 36 to 42, suggesting bullish positioning in longer-dated options. The 16% spread signals divergent expectations across timeframes. Most levels below 38.56 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 | 38 | -0.56 (-1.45%) |
| Oct 17, 2025 | 38 | -0.56 (-1.45%) |
| Jan 16, 2026 | 42 | 3.44 (8.92%) |
| Apr 17, 2026 | 36 | -2.56 (-6.64%) |