First Trust NASDAQ-100-Te... (QTEC)
First Trust NASDAQ-100-Technology Sector Index Fund Max Pain By Strike
QTEC trades at $213.61, 4.2% above the near-term max pain of $205 expiring Sep 19, 2025 (26 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($188-$685), signaling increased put positioning or downside protection. Key magnetic zone at 205 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
First Trust NASDAQ-100-Technology Sector Index Fund Max Pain By Expiry
Max pain for QTEC shows a downward trend from 685 to 188, indicating bearish sentiment or hedging activity. The 168% spread signals divergent expectations across timeframes. Most levels below 213.61 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 | 205 | -8.61 (-4.03%) |
| Oct 17, 2025 | 205 | -8.61 (-4.03%) |
| Jan 16, 2026 | 188 | -25.61 (-11.99%) |
| Apr 17, 2026 | 199 | -14.61 (-6.84%) |
| Dec 18, 2026 | 685 | 471.39 (220.68%) |