First Trust Nasdaq Cybers... (CIBR)
First Trust Nasdaq Cybersecurity ETF Max Pain By Strike
CIBR trades at $72.06, pinned near the near-term max pain of $72 expiring Sep 19, 2025 (24 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$75), reflecting growing call interest at higher strikes. Key magnetic zone at 70 where 2 expirations converge.
First Trust Nasdaq Cybersecurity ETF Max Pain By Expiry
Max pain for CIBR shows an upward trend from 7 to 75, suggesting bullish positioning in longer-dated options. The 111% spread signals divergent expectations across timeframes. Most levels below 72.06 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 | 72 | -0.06 (-0.09%) |
| Oct 17, 2025 | 70 | -2.06 (-2.87%) |
| Nov 21, 2025 | 75 | 2.94 (4.07%) |
| Dec 19, 2025 | 72 | -0.06 (-0.09%) |
| Jan 16, 2026 | 7 | -65.06 (-90.29%) |
| Feb 20, 2026 | 70 | -2.06 (-2.87%) |