Xtrackers Harvest CSI 500... (ASHS)
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF Max Pain By Strike
ASHS trades at $33.93, 21.2% above the near-term max pain of $28 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7.5-$40), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF Max Pain By Expiry
Max pain for ASHS shows an upward trend from 7.5 to 40, suggesting bullish positioning in longer-dated options. The 116% spread signals divergent expectations across timeframes. Most levels below 33.93 may cap rallies. 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 |
|---|---|---|
| Sep 19, 2025 | 28 | -5.93 (-17.48%) |
| Oct 17, 2025 | 33 | -0.93 (-2.74%) |
| Dec 19, 2025 | 32 | -1.93 (-5.69%) |
| Jan 16, 2026 | 7.5 | -26.43 (-77.90%) |
| Mar 20, 2026 | 40 | 6.07 (17.89%) |