Direxion Daily Energy Bul... (ERX)
Direxion Daily Energy Bull 2X Shares Max Pain By Strike
ERX trades at $52.52, pinned near the near-term max pain of $52 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($30-$55), reflecting growing call interest at higher strikes.
Direxion Daily Energy Bull 2X Shares Max Pain By Expiry
Max pain for ERX shows an upward trend from 30 to 55, suggesting bullish positioning in longer-dated options. The 54% spread signals divergent expectations across timeframes. Most levels below 52.52 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 | 52 | -0.52 (-0.98%) |
| Oct 17, 2025 | 51 | -1.52 (-2.88%) |
| Jan 16, 2026 | 55 | 2.48 (4.73%) |
| Apr 17, 2026 | 30 | -22.52 (-42.87%) |
| Jun 18, 2026 | 42 | -10.52 (-20.02%) |
| Jan 15, 2027 | 50 | -2.52 (-4.79%) |