Deutsche Bank AG (DB)
Deutsche Bank Max Pain By Strike
DB trades at $36.51, 17.8% above the near-term max pain of $31 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($26-$33), indicating stable market expectations. Key magnetic zone at 33 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Deutsche Bank Max Pain By Expiry
Max pain for DB shows stable levels around 30.00, reflecting balanced market expectations. The 23% spread signals divergent expectations across timeframes. Most levels below 36.51 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 |
|---|---|---|
| Aug 15, 2025 | 31 | -5.51 (-15.08%) |
| Sep 19, 2025 | 33 | -3.51 (-9.60%) |
| Oct 17, 2025 | 27 | -9.51 (-26.04%) |
| Nov 21, 2025 | 32 | -4.51 (-12.34%) |
| Dec 19, 2025 | 33 | -3.51 (-9.60%) |
| Jan 16, 2026 | 26 | -10.51 (-28.78%) |
| Apr 17, 2026 | 28 | -8.51 (-23.30%) |
| Jan 15, 2027 | 30 | -6.51 (-17.82%) |