(UGA)
Max Pain By Strike
UGA trades at $64.41, 2.2% above the near-term max pain of $63 expiring Sep 19, 2025 (21 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($35-$65), reflecting growing call interest at higher strikes. Key magnetic zone at 63 where 2 expirations converge.
Max Pain By Expiry
Max pain for UGA shows an upward trend from 35 to 65, suggesting bullish positioning in longer-dated options. The 52% spread signals divergent expectations across timeframes. Most levels below 64.41 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 | 63 | -1.41 (-2.18%) |
| Oct 17, 2025 | 63 | -1.41 (-2.18%) |
| Dec 19, 2025 | 62 | -2.41 (-3.73%) |
| Jan 16, 2026 | 53 | -11.41 (-17.71%) |
| Mar 20, 2026 | 64 | -0.41 (-0.63%) |
| Apr 17, 2026 | 35 | -29.41 (-45.66%) |
| Jun 18, 2026 | 65 | 0.59 (0.92%) |