CYBER HORNET S&P 500 and ... (ZZZ)
CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF Max Pain By Strike
ZZZ trades at $30.3, 21.2% above the near-term max pain of $25 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7.5-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF Max Pain By Expiry
Max pain for ZZZ shows an upward trend from 7.5 to 25, suggesting bullish positioning in longer-dated options. The 87% spread signals divergent expectations across timeframes. Most levels below 30.3 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 | 25 | -5.30 (-17.48%) |
| Oct 17, 2025 | 25 | -5.30 (-17.48%) |
| Nov 21, 2025 | 20 | -10.30 (-33.98%) |
| Dec 19, 2025 | 7.5 | -22.80 (-75.24%) |
| Feb 20, 2026 | 23 | -7.30 (-24.08%) |