iShares MSCI USA Quality ... (QUAL)
iShares MSCI USA Quality Factor ETF Max Pain By Strike
QUAL trades at $189.25, 8.1% above the near-term max pain of $175 expiring Sep 19, 2025 (28 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($130-$680), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
iShares MSCI USA Quality Factor ETF Max Pain By Expiry
Max pain for QUAL shows a downward trend from 680 to 130, indicating bearish sentiment or hedging activity. The 223% spread signals divergent expectations across timeframes. Most levels below 189.25 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 | 175 | -14.25 (-7.53%) |
| Oct 17, 2025 | 176 | -13.25 (-7.00%) |
| Dec 19, 2025 | 171 | -18.25 (-9.64%) |
| Jan 16, 2026 | 150 | -39.25 (-20.74%) |
| Apr 17, 2026 | 130 | -59.25 (-31.31%) |
| Dec 18, 2026 | 680 | 490.75 (259.31%) |