US Treasury 2 Year Note E... (UTWO)

UTWO trades at $48.48, 27.6% above the near-term max pain of $38 expiring Sep 19, 2025 (25 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($38-$95), signaling increased put positioning or downside protection. Key magnetic zone at 38 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for UTWO shows a downward trend from 95 to 38, indicating bearish sentiment or hedging activity. The 115% spread signals divergent expectations across timeframes. Most levels below 48.48 may cap rallies. Strong magnetic level at 38 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.