Direxion Daily S&P Oil & ... (GUSH)
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares Max Pain By Strike
GUSH trades at $21.79, 21.1% above the near-term max pain of $18 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($15-$23), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares Max Pain By Expiry
Max pain for GUSH shows an upward trend from 15 to 23, suggesting bullish positioning in longer-dated options. The 40% spread signals divergent expectations across timeframes. Levels distributed around 21.79. 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 | 18 | -3.79 (-17.39%) |
| Oct 17, 2025 | 21 | -0.79 (-3.63%) |
| Dec 19, 2025 | 22 | 0.21 (0.96%) |
| Jan 16, 2026 | 23 | 1.21 (5.55%) |
| Mar 20, 2026 | 20 | -1.79 (-8.21%) |
| Jan 15, 2027 | 15 | -6.79 (-31.16%) |