ProShares - UltraShort Et... (ETHD)
ProShares - UltraShort Ether ETF Max Pain By Strike
ETHD trades at $4.41, 10.3% above the near-term max pain of $4 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($3-$5), signaling increased put positioning or downside protection. Key magnetic zone at 4 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - UltraShort Ether ETF Max Pain By Expiry
Max pain for ETHD shows a downward trend from 5 to 3, indicating bearish sentiment or hedging activity. The 50% spread signals divergent expectations across timeframes. Most levels below 4.41 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 | 4 | -0.41 (-9.19%) |
| Oct 17, 2025 | 4 | -0.41 (-9.19%) |
| Dec 19, 2025 | 3 | -1.41 (-31.90%) |
| Mar 20, 2026 | 5 | 0.59 (13.51%) |