ProShares - Online Retail... (ONLN)
ProShares - Online Retail ETF Max Pain By Strike
ONLN trades at $56.27, 65.5% above the near-term max pain of $34 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($34-$97.5), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - Online Retail ETF Max Pain By Expiry
Max pain for ONLN shows a downward trend from 97.5 to 34, indicating bearish sentiment or hedging activity. The 117% spread signals divergent expectations across timeframes. Most levels below 56.27 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 | 34 | -22.27 (-39.57%) |
| Oct 17, 2025 | 51 | -5.27 (-9.36%) |
| Dec 19, 2025 | 43 | -13.27 (-23.58%) |
| Jan 16, 2026 | 97.5 | 41.23 (73.29%) |
| Mar 20, 2026 | 47 | -9.27 (-16.47%) |