GraniteShares 2x Short CO... (CONI)
GraniteShares 2x Short COIN Daily ETF Max Pain By Strike
CONI trades at $56.59, 1786.3% above the near-term max pain of $3 expiring Sep 19, 2025 (28 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2-$51), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
GraniteShares 2x Short COIN Daily ETF Max Pain By Expiry
Max pain for CONI shows a downward trend from 51 to 2, indicating bearish sentiment or hedging activity. The 338% spread signals divergent expectations across timeframes. Most levels below 56.59 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 | 3 | -53.59 (-94.70%) |
| Oct 17, 2025 | 2 | -54.59 (-96.47%) |
| Jan 16, 2026 | 2 | -54.59 (-96.47%) |
| Apr 17, 2026 | 51 | -5.59 (-9.88%) |