ProShares - UltraPro S&P5... (UPRO)
ProShares - UltraPro S&P500 Max Pain By Strike
UPRO trades at $99.48, pinned near the near-term max pain of $100 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($55-$101), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - UltraPro S&P500 Max Pain By Expiry
Max pain for UPRO shows an upward trend from 55 to 101, suggesting bullish positioning in longer-dated options. The 53% spread signals divergent expectations across timeframes. Most levels below 99.48 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 22, 2025 | 100 | 0.52 (0.52%) |
| Aug 29, 2025 | 97 | -2.48 (-2.49%) |
| Sep 5, 2025 | 96 | -3.48 (-3.50%) |
| Sep 12, 2025 | 101 | 1.52 (1.53%) |
| Sep 19, 2025 | 84 | -15.48 (-15.56%) |
| Sep 26, 2025 | 98 | -1.48 (-1.49%) |
| Oct 17, 2025 | 90 | -9.48 (-9.53%) |
| Dec 19, 2025 | 85 | -14.48 (-14.56%) |
| Jan 16, 2026 | 65 | -34.48 (-34.66%) |
| Mar 20, 2026 | 75 | -24.48 (-24.61%) |
| Jan 15, 2027 | 55 | -44.48 (-44.71%) |