iShares Preferred and Inc... (PFF)
iShares Preferred and Income Securities ETF Max Pain By Strike
PFF trades at $31.75, pinned near the near-term max pain of $32 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($31-$40), signaling increased put positioning or downside protection. Key magnetic zone at 31 where 2 expirations converge.
iShares Preferred and Income Securities ETF Max Pain By Expiry
Max pain for PFF shows a downward trend from 40 to 31, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Levels distributed around 31.75. 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 |
|---|---|---|
| Oct 17, 2025 | 32 | n/a (n/a) |
| Nov 21, 2025 | 32 | n/a (n/a) |
| Jan 16, 2026 | 31 | n/a (n/a) |
| Apr 17, 2026 | 31 | n/a (n/a) |
| Jun 18, 2026 | 40 | n/a (n/a) |