ProShares - Short QQQ (PSQ)
ProShares - Short QQQ Max Pain By Strike
PSQ trades at $32.92, 2.9% above the near-term max pain of $32 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($22-$33), reflecting growing call interest at higher strikes. Key magnetic zone at 33 where 2 expirations converge.
ProShares - Short QQQ Max Pain By Expiry
Max pain for PSQ shows an upward trend from 22 to 33, suggesting bullish positioning in longer-dated options. The 37% spread signals divergent expectations across timeframes. Levels distributed around 32.92. 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 | 32 | -0.92 (-2.81%) |
| Oct 17, 2025 | 33 | 0.08 (0.23%) |
| Jan 16, 2026 | 33 | 0.08 (0.23%) |
| Apr 17, 2026 | 22 | -10.92 (-33.18%) |