Direxion Daily Financial ... (FAZ)
Direxion Daily Financial Bear 3X Shares Max Pain By Strike
FAZ trades at $4.06, pinned near the near-term max pain of $4 expiring Sep 5, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($0.5-$6), reflecting growing call interest at higher strikes. Key magnetic zone at 4 where 6 expirations converge.
Direxion Daily Financial Bear 3X Shares Max Pain By Expiry
Max pain for FAZ shows an upward trend from 0.5 to 6, suggesting bullish positioning in longer-dated options. The 141% spread signals divergent expectations across timeframes. Most levels below 4.06 may cap rallies. Strong magnetic level at 4 (6 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 | 4 | -0.06 (-1.48%) |
| Sep 12, 2025 | 3.5 | -0.56 (-13.79%) |
| Sep 19, 2025 | 4 | -0.06 (-1.48%) |
| Sep 26, 2025 | 4 | -0.06 (-1.48%) |
| Oct 3, 2025 | 4 | -0.06 (-1.48%) |
| Oct 10, 2025 | 0.5 | -3.56 (-87.68%) |
| Oct 17, 2025 | 4 | -0.06 (-1.48%) |
| Jan 16, 2026 | 6 | 1.94 (47.78%) |
| Apr 17, 2026 | 3 | -1.06 (-26.11%) |
| Jan 15, 2027 | 6 | 1.94 (47.78%) |