(DFJ)
Max Pain By Strike
DFJ trades at $93.42, 24.6% above the near-term max pain of $75 expiring Sep 19, 2025 (21 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($75-$580), 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 DFJ shows a downward trend from 580 to 75, indicating bearish sentiment or hedging activity. The 304% spread signals divergent expectations across timeframes. Levels distributed around 93.42. 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 | 75 | -18.42 (-19.72%) |
| Oct 17, 2025 | 89 | -4.42 (-4.73%) |
| Dec 19, 2025 | 77 | -16.42 (-17.58%) |
| Jan 16, 2026 | 95 | 1.58 (1.69%) |
| Mar 20, 2026 | 82 | -11.42 (-12.22%) |
| Dec 18, 2026 | 580 | 486.58 (520.85%) |