ProShares - S&P 500 Divid... (NOBL)
ProShares - S&P 500 Dividend Aristocrats ETF Max Pain By Strike
NOBL trades at $104.59, 4.6% above the near-term max pain of $100 expiring Sep 19, 2025 (28 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($95-$100), indicating stable market expectations. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - S&P 500 Dividend Aristocrats ETF Max Pain By Expiry
Max pain for NOBL shows stable levels around 97.25, reflecting balanced market expectations. The 5% spread suggests strong consensus on fair value. Most levels below 104.59 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 | 100 | -4.59 (-4.39%) |
| Oct 17, 2025 | 96 | -8.59 (-8.21%) |
| Jan 16, 2026 | 95 | -9.59 (-9.17%) |
| Apr 17, 2026 | 98 | -6.59 (-6.30%) |