West Bancorporation Inc. (WTBA)
West Bancorporation Max Pain By Strike
WTBA trades at $18.48, 7.6% below the near-term max pain of $20 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($5-$540), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
West Bancorporation Max Pain By Expiry
Max pain for WTBA shows a downward trend from 540 to 5, indicating bearish sentiment or hedging activity. The 524% spread signals divergent expectations across timeframes. Levels distributed around 18.48. Strong magnetic level at 20 (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 |
|---|---|---|
| Aug 15, 2025 | 20 | 1.52 (8.23%) |
| Sep 19, 2025 | 7.5 | -10.98 (-59.42%) |
| Oct 17, 2025 | 20 | 1.52 (8.23%) |
| Dec 19, 2025 | 540 | 521.52 (2822.08%) |
| Jan 16, 2026 | 20 | 1.52 (8.23%) |
| Apr 17, 2026 | 5 | -13.48 (-72.94%) |