(BITQ)
Max Pain By Strike
BITQ trades at $20.51, 7.9% above the near-term max pain of $19 expiring Sep 19, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($1-$19), signaling increased put positioning or downside protection. Key magnetic zone at 19 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for BITQ shows a downward trend from 19 to 1, indicating bearish sentiment or hedging activity. The 136% spread signals divergent expectations across timeframes. Most levels below 20.51 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 | 19 | -1.51 (-7.36%) |
| Oct 17, 2025 | 19 | -1.51 (-7.36%) |
| Nov 21, 2025 | 1 | -19.51 (-95.12%) |
| Jan 16, 2026 | 17 | -3.51 (-17.11%) |
| Apr 17, 2026 | 10 | -10.51 (-51.24%) |