Advanced Drainage Systems... (WMS)

WMS trades at $139.3, 26.6% above the near-term max pain of $110 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($80-$120), signaling increased put positioning or downside protection. Key magnetic zone at 120 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for WMS shows a downward trend from 120 to 80, indicating bearish sentiment or hedging activity. The 37% spread signals divergent expectations across timeframes. Most levels below 139.3 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.