(EWJ)
Max Pain By Strike
EWJ trades at $78.71, 2.2% above the near-term max pain of $77 expiring Sep 19, 2025 (14 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($40-$80), reflecting growing call interest at higher strikes. Key magnetic zone at 77 where 2 expirations converge.
Max Pain By Expiry
Max pain for EWJ shows an upward trend from 40 to 80, suggesting bullish positioning in longer-dated options. The 56% spread signals divergent expectations across timeframes. Most levels below 78.71 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 | 77 | -1.71 (-2.17%) |
| Oct 17, 2025 | 80 | 1.29 (1.64%) |
| Dec 19, 2025 | 80 | 1.29 (1.64%) |
| Jan 16, 2026 | 70 | -8.71 (-11.07%) |
| Mar 20, 2026 | 77 | -1.71 (-2.17%) |
| Jun 18, 2026 | 75 | -3.71 (-4.71%) |
| Dec 18, 2026 | 40 | -38.71 (-49.18%) |
| Jan 15, 2027 | 73 | -5.71 (-7.25%) |