(DBEZ)
Max Pain By Strike
DBEZ trades at $51.76, 12.5% above the near-term max pain of $46 expiring Sep 19, 2025 (18 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($39-$48), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for DBEZ shows a downward trend from 48 to 39, indicating bearish sentiment or hedging activity. The 20% spread signals divergent expectations across timeframes. Most levels below 51.76 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 | 46 | -5.76 (-11.13%) |
| Oct 17, 2025 | 39 | -12.76 (-24.65%) |
| Jan 16, 2026 | 48 | -3.76 (-7.26%) |
| Apr 17, 2026 | 47 | -4.76 (-9.20%) |