GraniteShares 2x Long BAB... (BABX)
GraniteShares 2x Long BABA Daily ETF Max Pain By Strike
BABX trades at $26.93, 7.7% above the near-term max pain of $25 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($18-$90), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
GraniteShares 2x Long BABA Daily ETF Max Pain By Expiry
Max pain for BABX shows a downward trend from 90 to 18, indicating bearish sentiment or hedging activity. The 159% spread signals divergent expectations across timeframes. Levels distributed around 26.93. 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 | 25 | -1.93 (-7.17%) |
| Oct 17, 2025 | 30 | 3.07 (11.40%) |
| Dec 19, 2025 | 18 | -8.93 (-33.16%) |
| Jan 16, 2026 | 90 | 63.07 (234.20%) |
| Mar 20, 2026 | 25 | -1.93 (-7.17%) |
| Jan 1, 2031 | 83.33 | 56.40 (209.43%) |