Encore Wire Corporation (WIRE)
Encore Wire Max Pain By Strike
WIRE trades at $289.84, 197.3% above the near-term max pain of $97.5 expiring Jan 16, 2026 (154 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($97.5-$97.5), indicating stable market expectations. High dispersion in max pain levels suggests competing forces and potential volatility.
Encore Wire Max Pain By Expiry
Max pain for WIRE shows stable levels around 97.50, reflecting balanced market expectations. The 0% spread suggests strong consensus on fair value. Most levels below 289.84 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 |
---|---|---|
Jan 16, 2026 | 97.5 | -192.34 (-66.36%) |