Global X - Video Games & ... (HERO)
Global X - Video Games & Esports ETF Max Pain By Strike
HERO trades at $33.68, 2.1% above the near-term max pain of $33 expiring Sep 19, 2025 (7 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$580), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Global X - Video Games & Esports ETF Max Pain By Expiry
Max pain for HERO shows a downward trend from 580 to 20, indicating bearish sentiment or hedging activity. The 286% spread signals divergent expectations across timeframes. Levels distributed around 33.68. 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 | 33 | -0.68 (-2.02%) |
| Oct 17, 2025 | 23 | -10.68 (-31.71%) |
| Nov 21, 2025 | 28 | -5.68 (-16.86%) |
| Jan 16, 2026 | 580 | 546.32 (1622.09%) |
| Feb 20, 2026 | 20 | -13.68 (-40.62%) |
| Dec 18, 2026 | 490 | 456.32 (1354.87%) |