Direxion Daily Homebuilde... (NAIL)
Direxion Daily Homebuilders & Supplies Bull 3X Shares Max Pain By Strike
NAIL trades at $87.46, 24.9% above the near-term max pain of $70 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($25-$79), reflecting growing call interest at higher strikes. Key magnetic zone at 70 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Direxion Daily Homebuilders & Supplies Bull 3X Shares Max Pain By Expiry
Max pain for NAIL shows an upward trend from 25 to 79, suggesting bullish positioning in longer-dated options. The 88% spread signals divergent expectations across timeframes. Most levels below 87.46 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 |
|---|---|---|
| Sep 19, 2025 | 70 | -17.46 (-19.96%) |
| Oct 17, 2025 | 79 | -8.46 (-9.67%) |
| Dec 19, 2025 | 60 | -27.46 (-31.40%) |
| Jan 16, 2026 | 70 | -17.46 (-19.96%) |
| Mar 20, 2026 | 64 | -23.46 (-26.82%) |
| Jan 15, 2027 | 25 | -62.46 (-71.42%) |