Global X - Defense Tech E... (SHLD)
Global X - Defense Tech ETF Max Pain By Strike
SHLD trades at $61.91, 4.9% above the near-term max pain of $59 expiring Sep 19, 2025 (27 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($35-$60), reflecting growing call interest at higher strikes.
Global X - Defense Tech ETF Max Pain By Expiry
Max pain for SHLD shows an upward trend from 35 to 60, suggesting bullish positioning in longer-dated options. The 48% spread signals divergent expectations across timeframes. Most levels below 61.91 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 | 59 | -2.91 (-4.69%) |
| Oct 17, 2025 | 60 | -1.91 (-3.08%) |
| Dec 19, 2025 | 54 | -7.91 (-12.77%) |
| Mar 20, 2026 | 35 | -26.91 (-43.46%) |