(QWLD)
Max Pain By Strike
QWLD trades at $137.87, 10.3% above the near-term max pain of $125 expiring Sep 19, 2025 (21 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($70-$685), 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 QWLD shows a downward trend from 685 to 70, indicating bearish sentiment or hedging activity. The 273% spread signals divergent expectations across timeframes. Most levels below 137.87 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 | 125 | -12.87 (-9.33%) |
| Oct 17, 2025 | 112 | -25.87 (-18.76%) |
| Jan 16, 2026 | 70 | -67.87 (-49.23%) |
| Apr 17, 2026 | 134 | -3.87 (-2.80%) |
| Dec 18, 2026 | 685 | 547.13 (396.86%) |