(JIRE)
Max Pain By Strike
JIRE trades at $72.95, 12.2% above the near-term max pain of $65 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($54-$67), 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 JIRE shows a downward trend from 67 to 54, indicating bearish sentiment or hedging activity. The 21% spread signals divergent expectations across timeframes. Most levels below 72.95 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 | 65 | -7.95 (-10.90%) |
| Oct 17, 2025 | 54 | -18.95 (-25.98%) |
| Jan 16, 2026 | 62 | -10.95 (-15.01%) |
| Apr 17, 2026 | 67 | -5.95 (-8.16%) |