Direxion Daily 20+ Year T... (TMF)
Direxion Daily 20+ Year Treasury Bull 3X Shares Max Pain By Strike
TMF trades at $37.65, pinned near the near-term max pain of $37.5 expiring Aug 29, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($25-$39), indicating stable market expectations. Key magnetic zone at 38 where 4 expirations converge.
Direxion Daily 20+ Year Treasury Bull 3X Shares Max Pain By Expiry
Max pain for TMF shows stable levels around 36.27, reflecting balanced market expectations. The 39% spread signals divergent expectations across timeframes. Most levels below 37.65 may cap rallies. Strong magnetic level at 38 (4 expirations). 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 |
|---|---|---|
| Aug 29, 2025 | 37.5 | -0.15 (-0.40%) |
| Sep 5, 2025 | 37.5 | -0.15 (-0.40%) |
| Sep 12, 2025 | 37.5 | -0.15 (-0.40%) |
| Sep 19, 2025 | 37 | -0.65 (-1.73%) |
| Sep 26, 2025 | 38.5 | 0.85 (2.26%) |
| Oct 3, 2025 | 37 | -0.65 (-1.73%) |
| Oct 17, 2025 | 37 | -0.65 (-1.73%) |
| Nov 21, 2025 | 39 | 1.35 (3.59%) |
| Jan 16, 2026 | 35 | -2.65 (-7.04%) |
| Feb 20, 2026 | 38 | 0.35 (0.93%) |
| Jan 15, 2027 | 25 | -12.65 (-33.60%) |