Waoving or Waiving: How To spell?

The word Waoving is misspelled against Waiving, which is present continuous of "Waive"

Word contains consecutive vowels 'AI' in between alphabets w & ving is misspelled as 'AO'
Wrong Spelling: w-ao-ving
Correct Spelling: w-ai-ving
Find more incorrect spellings of Waiving to spell right way.