AMEX: BRZU · Real-Time Price · USD
61.73
1.19 (1.97%)
At close: Aug 15, 2025, 3:59 PM
62.00
0.44%
After-hours: Aug 15, 2025, 07:20 PM EDT

Max Pain By Strike

BRZU trades at $61.73, 18.7% above the near-term max pain of $52 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($50-$500), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for BRZU shows a downward trend from 500 to 50, indicating bearish sentiment or hedging activity. The 317% spread signals divergent expectations across timeframes. Most levels below 61.73 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 52 -9.73 (-15.76%)
Oct 17, 2025 53 -8.73 (-14.14%)
Dec 19, 2025 55 -6.73 (-10.90%)
Jan 16, 2026 500 438.27 (709.98%)
Mar 20, 2026 50 -11.73 (-19.00%)