Direxion Daily Aerospace ... (DFEN)
Direxion Daily Aerospace & Defense Bull 3X Shares Max Pain By Strike
DFEN trades at $56.03, pinned near the near-term max pain of $55 expiring Sep 19, 2025 (28 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($30-$55), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Direxion Daily Aerospace & Defense Bull 3X Shares Max Pain By Expiry
Max pain for DFEN shows an upward trend from 30 to 55, suggesting bullish positioning in longer-dated options. The 63% spread signals divergent expectations across timeframes. Most levels below 56.03 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 | 55 | -1.03 (-1.84%) |
| Oct 17, 2025 | 34 | -22.03 (-39.32%) |
| Jan 16, 2026 | 40 | -16.03 (-28.61%) |
| Apr 17, 2026 | 30 | -26.03 (-46.46%) |