Direxion Daily Real Estat... (DRN)
Direxion Daily Real Estate Bull 3X Shares Max Pain By Strike
DRN trades at $9.94, 10.4% above the near-term max pain of $9 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($8-$95), signaling increased put positioning or downside protection. Key magnetic zone at 8 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Direxion Daily Real Estate Bull 3X Shares Max Pain By Expiry
Max pain for DRN shows a downward trend from 95 to 8, indicating bearish sentiment or hedging activity. The 335% spread signals divergent expectations across timeframes. Levels distributed around 9.94. 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 | 9 | -0.94 (-9.41%) |
| Oct 17, 2025 | 10 | 0.06 (0.65%) |
| Nov 21, 2025 | 8 | -1.94 (-19.48%) |
| Jan 16, 2026 | 95 | 85.06 (856.22%) |
| Feb 20, 2026 | 8 | -1.94 (-19.48%) |