(USD)
Max Pain By Strike
USD trades at $79.53, 8.9% above the near-term max pain of $73 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($51-$85), 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 USD shows a downward trend from 85 to 51, indicating bearish sentiment or hedging activity. The 48% spread signals divergent expectations across timeframes. Levels distributed around 79.53. 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 | 73 | -6.53 (-8.20%) |
| Oct 17, 2025 | 84 | 4.47 (5.63%) |
| Nov 21, 2025 | 51 | -28.53 (-35.87%) |
| Jan 16, 2026 | 85 | 5.47 (6.88%) |
| Feb 20, 2026 | 60 | -19.53 (-24.55%) |