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 Wyndham Hotels & Resorts options about one week from expiration was $75.49. The chart above shows the exact max pain for each expiration date.

Wyndham Hotels & Resorts closed above its near-term max pain on 14 of the last 20 trading days. On Nov 4, 2026 it closed at $80.51, 6.6% above max pain of $75.49.

Over the last 20 trading days, near-term max pain for Wyndham Hotels & Resorts ranged from $70.00 to $75.99. It went from $70.02 on Oct 8, 2026 to $75.49 on Nov 4, 2026. See the WH max pain history for a longer view.

As of Dec. 31, 2025, Wyndham Hotels & Resorts operates 869,000 rooms across more than 20 brands predominantly in the economy and midscale segments.