(URNJ)
Max Pain By Strike
URNJ trades at $23.86, 49.1% above the near-term max pain of $16 expiring Sep 19, 2025 (14 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($16-$6284.9), signaling increased put positioning or downside protection. Key magnetic zone at 22 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for URNJ shows a downward trend from 6284.9 to 16, indicating bearish sentiment or hedging activity. The 584% spread signals divergent expectations across timeframes. Levels distributed around 23.86. 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 | 16 | -7.86 (-32.94%) |
| Oct 17, 2025 | 21 | -2.86 (-11.99%) |
| Dec 19, 2025 | 22 | -1.86 (-7.80%) |
| Jan 16, 2026 | 70 | 46.14 (193.38%) |
| Mar 20, 2026 | 22 | -1.86 (-7.80%) |
| Sep 23, 2064 | 6284.9 | 6261.04 (26240.74%) |