ProShares - Short Dow30 (DOG)
ProShares - Short Dow30 Max Pain By Strike
DOG trades at $25.2, pinned near the near-term max pain of $25 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($3.5-$600), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - Short Dow30 Max Pain By Expiry
Max pain for DOG shows a downward trend from 600 to 3.5, indicating bearish sentiment or hedging activity. The 518% spread signals divergent expectations across timeframes. Most levels below 25.2 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 | 25 | -0.20 (-0.81%) |
| Oct 17, 2025 | 15 | -10.20 (-40.49%) |
| Nov 21, 2025 | 25 | -0.20 (-0.81%) |
| Jan 16, 2026 | 3.5 | -21.70 (-86.11%) |
| Feb 20, 2026 | 22 | -3.20 (-12.72%) |
| Dec 18, 2026 | 600 | 574.79 (2280.48%) |