Janus Henderson U.S. Real... (JRE)

JRE trades at $24.1, 26.8% above the near-term max pain of $19 expiring Sep 19, 2025 (16 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($17-$19), signaling increased put positioning or downside protection. Key magnetic zone at 19 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for JRE shows a downward trend from 19 to 17, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Most levels below 24.1 may cap rallies. Strong magnetic level at 19 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.