Waste Management Inc. (WM)
Waste Management Max Pain By Strike
WM trades at $217.43, pinned near the near-term max pain of $220 expiring Sep 19, 2025 (9 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($200-$240), signaling increased put positioning or downside protection. Key magnetic zone at 220 where 3 expirations converge.
Waste Management Max Pain By Expiry
Max pain for WM shows a downward trend from 240 to 200, indicating bearish sentiment or hedging activity. The 18% spread signals divergent expectations across timeframes. Most levels above 217.43 could support dips. Strong magnetic level at 220 (3 expirations). 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 | 220 | 2.57 (1.18%) |
| Oct 17, 2025 | 220 | 2.57 (1.18%) |
| Jan 16, 2026 | 230 | 12.57 (5.78%) |
| Mar 20, 2026 | 230 | 12.57 (5.78%) |
| Apr 17, 2026 | 220 | 2.57 (1.18%) |
| Jun 18, 2026 | 240 | 22.57 (10.38%) |
| Sep 18, 2026 | 210 | -7.43 (-3.42%) |
| Jan 15, 2027 | 200 | -17.43 (-8.02%) |