Global X - MSCI China Con... (CHIQ)
Global X - MSCI China Consumer Discretionary ETF Max Pain By Strike
CHIQ trades at $23.4, 23.2% above the near-term max pain of $19 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($11-$19), reflecting growing call interest at higher strikes. Key magnetic zone at 19 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Global X - MSCI China Consumer Discretionary ETF Max Pain By Expiry
Max pain for CHIQ shows an upward trend from 11 to 19, suggesting bullish positioning in longer-dated options. The 52% spread signals divergent expectations across timeframes. Most levels below 23.4 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 | 19 | -4.40 (-18.80%) |
| Oct 17, 2025 | 12 | -11.40 (-48.72%) |
| Dec 19, 2025 | 19 | -4.40 (-18.80%) |
| Mar 20, 2026 | 11 | -12.40 (-52.99%) |