Global X - DAX Germany ET... (DAX)
Global X - DAX Germany ETF Max Pain By Strike
DAX trades at $45.05, 7.3% above the near-term max pain of $42 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($35-$43), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Global X - DAX Germany ETF Max Pain By Expiry
Max pain for DAX shows an upward trend from 35 to 43, suggesting bullish positioning in longer-dated options. The 20% spread signals divergent expectations across timeframes. Most levels below 45.05 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 | 42 | -3.05 (-6.77%) |
| Oct 17, 2025 | 43 | -2.05 (-4.55%) |
| Jan 16, 2026 | 40 | -5.05 (-11.21%) |
| Apr 17, 2026 | 35 | -10.05 (-22.31%) |