GraniteShares 2x Long COI... (CONL)
GraniteShares 2x Long COIN Daily ETF Max Pain By Strike
CONL trades at $32.35, 4.9% below the near-term max pain of $34 expiring Aug 29, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($25-$510), reflecting growing call interest at higher strikes. Key magnetic zone at 34 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
GraniteShares 2x Long COIN Daily ETF Max Pain By Expiry
Max pain for CONL shows an upward trend from 25 to 510, suggesting bullish positioning in longer-dated options. The 709% spread signals divergent expectations across timeframes. Levels distributed around 32.35. Strong magnetic level at 34 (4 expirations). 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 |
|---|---|---|
| Aug 29, 2025 | 34 | 1.65 (5.10%) |
| Sep 5, 2025 | 34 | 1.65 (5.10%) |
| Sep 12, 2025 | 35 | 2.65 (8.19%) |
| Sep 19, 2025 | 34 | 1.65 (5.10%) |
| Sep 26, 2025 | 34 | 1.65 (5.10%) |
| Oct 3, 2025 | 28 | -4.35 (-13.45%) |
| Oct 17, 2025 | 32 | -0.35 (-1.08%) |
| Dec 19, 2025 | 26 | -6.35 (-19.63%) |
| Jan 16, 2026 | 25 | -7.35 (-22.72%) |
| Mar 20, 2026 | 35 | 2.65 (8.19%) |
| Jun 18, 2026 | 30 | -2.35 (-7.26%) |
| Dec 18, 2026 | 510 | 477.65 (1476.51%) |
| Jan 15, 2027 | 32 | -0.35 (-1.08%) |