W. R. Berkley Corporation (WRB)

WRB trades at $76.84, 14.7% above the near-term max pain of $67 expiring Oct 17, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($65-$100), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for WRB shows a downward trend from 100 to 65, indicating bearish sentiment or hedging activity. The 47% spread signals divergent expectations across timeframes. Most levels below 76.84 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.