(DBJP)
Max Pain By Strike
DBJP trades at $82.66, 35.5% above the near-term max pain of $61 expiring Sep 19, 2025 (23 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($61-$95), 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 DBJP shows a downward trend from 95 to 61, indicating bearish sentiment or hedging activity. The 45% spread signals divergent expectations across timeframes. Most levels below 82.66 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 | 61 | -21.66 (-26.20%) |
| Oct 17, 2025 | 80 | -2.66 (-3.22%) |
| Dec 19, 2025 | 72 | -10.66 (-12.90%) |
| Jan 16, 2026 | 95 | 12.34 (14.93%) |
| Mar 20, 2026 | 73 | -9.66 (-11.69%) |