Delek US Inc. (DK)
Delek US Max Pain By Strike
DK trades at $24.8, 10.2% above the near-term max pain of $22.5 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$22.5), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Delek US Max Pain By Expiry
Max pain for DK shows a downward trend from 22.5 to 15, indicating bearish sentiment or hedging activity. The 39% spread signals divergent expectations across timeframes. Most levels below 24.8 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 | 22.5 | -2.30 (-9.27%) |
| Oct 17, 2025 | 15 | -9.80 (-39.52%) |
| Dec 19, 2025 | 15 | -9.80 (-39.52%) |
| Jan 16, 2026 | 20 | -4.80 (-19.35%) |
| Apr 17, 2026 | 22.5 | -2.30 (-9.27%) |