iShares Currency Hedged M... (HEFA)
iShares Currency Hedged MSCI EAFE ETF Max Pain By Strike
HEFA trades at $40.28, 34.3% above the near-term max pain of $30 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($30-$37), indicating stable market expectations. High dispersion in max pain levels suggests competing forces and potential volatility.
iShares Currency Hedged MSCI EAFE ETF Max Pain By Expiry
Max pain for HEFA shows stable levels around 34.50, reflecting balanced market expectations. The 20% spread signals divergent expectations across timeframes. Most levels below 40.28 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 |
|---|---|---|
| Oct 17, 2025 | 30 | n/a (n/a) |
| Nov 21, 2025 | 36 | n/a (n/a) |
| Jan 16, 2026 | 37 | n/a (n/a) |
| Apr 17, 2026 | 35 | n/a (n/a) |