Direxion Daily S&P 500 Bu... (SPXL)
Direxion Daily S&P 500 Bull 3X Shares Max Pain By Strike
SPXL trades at $193.67, 4.7% above the near-term max pain of $185 expiring Aug 29, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($90-$470), indicating stable market expectations. Key magnetic zone at 184 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Direxion Daily S&P 500 Bull 3X Shares Max Pain By Expiry
Max pain for SPXL shows stable levels around 194.45, reflecting balanced market expectations. The 195% spread signals divergent expectations across timeframes. Most levels below 193.67 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 |
|---|---|---|
| Aug 29, 2025 | 185 | -8.67 (-4.48%) |
| Sep 5, 2025 | 184 | -9.67 (-4.99%) |
| Sep 12, 2025 | 184 | -9.67 (-4.99%) |
| Sep 19, 2025 | 181 | -12.67 (-6.54%) |
| Sep 26, 2025 | 187 | -6.67 (-3.44%) |
| Oct 3, 2025 | 185 | -8.67 (-4.48%) |
| Oct 17, 2025 | 158 | -35.67 (-18.42%) |
| Jan 16, 2026 | 135 | -58.67 (-30.29%) |
| Apr 17, 2026 | 180 | -13.67 (-7.06%) |
| Dec 18, 2026 | 470 | 276.33 (142.68%) |
| Jan 15, 2027 | 90 | -103.67 (-53.53%) |