Danaos Corporation (DAC)

DAC trades at $95.75, 6.4% above the near-term max pain of $90 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($80-$95), signaling increased put positioning or downside protection. Key magnetic zone at 80 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for DAC shows a downward trend from 95 to 80, indicating bearish sentiment or hedging activity. The 17% spread signals divergent expectations across timeframes. Most levels below 95.75 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.