(FXL)

FXL trades at $159.54, 10.8% above the near-term max pain of $144 expiring Sep 19, 2025 (27 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($80-$162), signaling increased put positioning or downside protection. Key magnetic zone at 80 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for FXL shows a downward trend from 162 to 80, indicating bearish sentiment or hedging activity. The 70% spread signals divergent expectations across timeframes. Most levels below 159.54 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.