Xtrackers USD High Yield ... (HYLB)
Xtrackers USD High Yield Corporate Bond ETF Max Pain By Strike
HYLB trades at $36.98, 2.7% above the near-term max pain of $36 expiring Sep 19, 2025 (19 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($32-$36), indicating stable market expectations. Key magnetic zone at 34 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Xtrackers USD High Yield Corporate Bond ETF Max Pain By Expiry
Max pain for HYLB shows stable levels around 34.00, reflecting balanced market expectations. The 12% spread signals divergent expectations across timeframes. Most levels below 36.98 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 | 36 | -0.98 (-2.66%) |
| Oct 17, 2025 | 34 | -2.98 (-8.07%) |
| Dec 19, 2025 | 32 | -4.98 (-13.48%) |
| Mar 20, 2026 | 34 | -2.98 (-8.07%) |