(DFEN)
Max Pain By Strike
DFEN trades at $58.79, 6.9% above the near-term max pain of $55 expiring Sep 19, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($34-$55), 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 DFEN shows a downward trend from 55 to 34, indicating bearish sentiment or hedging activity. The 48% spread signals divergent expectations across timeframes. Most levels below 58.79 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 | 55 | -3.79 (-6.45%) |
| Oct 17, 2025 | 34 | -24.79 (-42.17%) |
| Jan 16, 2026 | 40 | -18.79 (-31.96%) |
| Apr 17, 2026 | 45 | -13.79 (-23.46%) |