Global X - Video Games & ... (HERO)
Global X - Video Games & Esports ETF Max Pain By Strike
HERO trades at $32.63, pinned near the near-term max pain of $33 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$580), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Global X - Video Games & Esports ETF Max Pain By Expiry
Max pain for HERO shows a downward trend from 580 to 20, indicating bearish sentiment or hedging activity. The 286% spread signals divergent expectations across timeframes. Levels distributed around 32.63. 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 | 33 | 0.37 (1.13%) |
| Oct 17, 2025 | 23 | -9.63 (-29.51%) |
| Nov 21, 2025 | 28 | -4.63 (-14.19%) |
| Jan 16, 2026 | 580 | 547.37 (1677.51%) |
| Feb 20, 2026 | 20 | -12.63 (-38.71%) |
| Dec 18, 2026 | 490 | 457.37 (1401.69%) |