Global X - Dow 30 Covered... (DJIA)

DJIA trades at $21.68, 20.4% above the near-term max pain of $18 expiring Sep 19, 2025 (17 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$21), reflecting growing call interest at higher strikes. Key magnetic zone at 21 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for DJIA shows an upward trend from 7 to 21, suggesting bullish positioning in longer-dated options. The 81% spread signals divergent expectations across timeframes. Most levels below 21.68 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.