Global X - U.S. Preferred... (PFFD)

PFFD trades at $19.38, 38.4% above the near-term max pain of $14 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 14 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PFFD shows a downward trend from 95 to 7.5, indicating bearish sentiment or hedging activity. The 301% spread signals divergent expectations across timeframes. Most levels below 19.38 may cap rallies. Strong magnetic level at 14 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.