ProShares - Ultra QQQ (QLD)
ProShares - Ultra QQQ Max Pain By Strike
QLD trades at $120.06, 4.0% below the near-term max pain of $125 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($65-$125), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - Ultra QQQ Max Pain By Expiry
Max pain for QLD shows an upward trend from 65 to 125, suggesting bullish positioning in longer-dated options. The 61% spread signals divergent expectations across timeframes. Most levels below 120.06 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 | 125 | 4.94 (4.11%) |
| Oct 17, 2025 | 95 | -25.06 (-20.87%) |
| Jan 16, 2026 | 90 | -30.06 (-25.04%) |
| Apr 17, 2026 | 115 | -5.06 (-4.21%) |
| Jan 15, 2027 | 65 | -55.06 (-45.86%) |