First Trust NASDAQ-100 Eq... (QQEW)
First Trust NASDAQ-100 Equal Weighted Index Fund Max Pain By Strike
QQEW trades at $136.09, pinned near the near-term max pain of $134 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($116-$134), signaling increased put positioning or downside protection.
First Trust NASDAQ-100 Equal Weighted Index Fund Max Pain By Expiry
Max pain for QQEW shows a downward trend from 134 to 116, indicating bearish sentiment or hedging activity. The 14% spread signals divergent expectations across timeframes. Most levels below 136.09 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 | 134 | -2.09 (-1.54%) |
| Oct 17, 2025 | 116 | -20.09 (-14.76%) |
| Jan 16, 2026 | 126 | -10.09 (-7.41%) |
| Apr 17, 2026 | 131 | -5.09 (-3.74%) |