ProShares - Ultra Dow30 (DDM)
ProShares - Ultra Dow30 Max Pain By Strike
DDM trades at $101.06, 3.1% above the near-term max pain of $98 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($85-$98), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - Ultra Dow30 Max Pain By Expiry
Max pain for DDM shows an upward trend from 85 to 98, suggesting bullish positioning in longer-dated options. The 14% spread signals divergent expectations across timeframes. Most levels below 101.06 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 | 98 | -3.06 (-3.03%) |
| Oct 17, 2025 | 85 | -16.06 (-15.89%) |
| Jan 16, 2026 | 91 | -10.06 (-9.95%) |
| Apr 17, 2026 | 89 | -12.06 (-11.93%) |