Direxion Daily CSI 300 Ch... (CHAU)
Direxion Daily CSI 300 China A Share Bull 2X Shares Max Pain By Strike
CHAU trades at $19.45, 8.1% above the near-term max pain of $18 expiring Sep 19, 2025 (16 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($13-$18), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Direxion Daily CSI 300 China A Share Bull 2X Shares Max Pain By Expiry
Max pain for CHAU shows an upward trend from 13 to 18, suggesting bullish positioning in longer-dated options. The 33% spread signals divergent expectations across timeframes. Most levels below 19.45 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 | 18 | -1.45 (-7.46%) |
| Oct 17, 2025 | 16 | -3.45 (-17.74%) |
| Nov 21, 2025 | 14 | -5.45 (-28.02%) |
| Feb 20, 2026 | 13 | -6.45 (-33.16%) |