Global X - Dow 30 Covered... (DJIA)
Global X - Dow 30 Covered Call ETF Max Pain By Strike
DJIA trades at $21.74, 20.8% above the near-term max pain of $18 expiring Sep 19, 2025 (17 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$21), reflecting growing call interest at higher strikes. Key magnetic zone at 21 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Global X - Dow 30 Covered Call ETF Max Pain By Expiry
Max pain for DJIA shows an upward trend from 7 to 21, suggesting bullish positioning in longer-dated options. The 81% spread signals divergent expectations across timeframes. Most levels below 21.74 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 | 18 | -3.74 (-17.20%) |
| Oct 17, 2025 | 21 | -0.74 (-3.40%) |
| Jan 16, 2026 | 21 | -0.74 (-3.40%) |
| Apr 17, 2026 | 19 | -2.74 (-12.60%) |
| Aug 21, 2026 | 7 | -14.74 (-67.80%) |