iShares Ethereum Trust ET... (ETHA)
iShares Ethereum Trust ETF Max Pain By Strike
ETHA trades at $32.82, pinned near the near-term max pain of $33 expiring Sep 5, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$35), signaling increased put positioning or downside protection. Key magnetic zone at 33 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
iShares Ethereum Trust ETF Max Pain By Expiry
Max pain for ETHA shows a downward trend from 35 to 20, indicating bearish sentiment or hedging activity. The 52% spread signals divergent expectations across timeframes. Most levels below 32.82 may cap rallies. Strong magnetic level at 33 (5 expirations). 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 5, 2025 | 33 | 0.18 (0.55%) |
| Sep 12, 2025 | 32.5 | -0.32 (-0.98%) |
| Sep 19, 2025 | 27 | -5.82 (-17.73%) |
| Sep 26, 2025 | 33 | 0.18 (0.55%) |
| Oct 3, 2025 | 32.5 | -0.32 (-0.98%) |
| Oct 10, 2025 | 35 | 2.18 (6.64%) |
| Oct 17, 2025 | 30 | -2.82 (-8.59%) |
| Nov 21, 2025 | 33 | 0.18 (0.55%) |
| Dec 19, 2025 | 20 | -12.82 (-39.06%) |
| Jan 16, 2026 | 28 | -4.82 (-14.69%) |
| Feb 20, 2026 | 30 | -2.82 (-8.59%) |
| Mar 20, 2026 | 28 | -4.82 (-14.69%) |
| Apr 17, 2026 | 27 | -5.82 (-17.73%) |
| Jan 15, 2027 | 20 | -12.82 (-39.06%) |
| Jun 17, 2027 | 25 | -7.82 (-23.83%) |
| Dec 17, 2027 | 25 | -7.82 (-23.83%) |