SPDR EURO STOXX 50 ETF (FEZ)
SPDR EURO STOXX 50 ETF Max Pain By Strike
FEZ trades at $59.8, pinned near the near-term max pain of $60.5 expiring Sep 5, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($54-$61), reflecting growing call interest at higher strikes. Key magnetic zone at 60 where 4 expirations converge.
SPDR EURO STOXX 50 ETF Max Pain By Expiry
Max pain for FEZ shows an upward trend from 54 to 61, suggesting bullish positioning in longer-dated options. The 12% spread signals divergent expectations across timeframes. Levels distributed around 59.8. Strong magnetic level at 60 (4 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 | 60.5 | 0.70 (1.17%) |
| Sep 12, 2025 | 59 | -0.80 (-1.34%) |
| Sep 19, 2025 | 60 | 0.20 (0.33%) |
| Sep 26, 2025 | 56 | -3.80 (-6.35%) |
| Oct 3, 2025 | 60.5 | 0.70 (1.17%) |
| Oct 10, 2025 | 54 | -5.80 (-9.70%) |
| Oct 17, 2025 | 61 | 1.20 (2.01%) |
| Nov 21, 2025 | 60 | 0.20 (0.33%) |
| Jan 16, 2026 | 56 | -3.80 (-6.35%) |
| Feb 20, 2026 | 60 | 0.20 (0.33%) |
| Jan 15, 2027 | 60 | 0.20 (0.33%) |