(JPSE)
Max Pain By Strike
JPSE trades at $49.51, 41.5% above the near-term max pain of $35 expiring Sep 19, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($35-$43), 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 JPSE shows a downward trend from 43 to 35, indicating bearish sentiment or hedging activity. The 21% spread signals divergent expectations across timeframes. Most levels below 49.51 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 | 35 | -14.51 (-29.31%) |
| Oct 17, 2025 | 43 | -6.51 (-13.15%) |
| Dec 19, 2025 | 36 | -13.51 (-27.29%) |
| Mar 20, 2026 | 41 | -8.51 (-17.19%) |