Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Winnebago Industries options about one week from expiration was $24.85. The chart above shows the exact max pain for each expiration date.

Winnebago Industries closed above its near-term max pain on 11 of the last 20 trading days. On Nov 4, 2026 it closed at $34.09, 37.2% above max pain of $24.85.

Over the last 20 trading days, near-term max pain for Winnebago Industries ranged from $21.72 to $27.50. It went from $27.49 on Oct 8, 2026 to $24.85 on Nov 4, 2026. See the WGO max pain history for a longer view.

Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts.