CBOE: USMF · Real-Time Price · USD
51.28
0.20 (0.38%)
At close: Aug 19, 2025, 2:59 PM

Max Pain By Strike

USMF trades at $51.28, 9.1% above the near-term max pain of $47 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($41-$48), signaling increased put positioning or downside protection. Key magnetic zone at 47 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for USMF shows a downward trend from 48 to 41, indicating bearish sentiment or hedging activity. The 15% spread signals divergent expectations across timeframes. Most levels below 51.28 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 47 -4.28 (-8.36%)
Oct 17, 2025 41 -10.28 (-20.05%)
Jan 16, 2026 47 -4.28 (-8.36%)
Apr 17, 2026 48 -3.28 (-6.41%)