(DBJP)
Max Pain By Strike
DBJP trades at $84.17, 38.0% above the near-term max pain of $61 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($61-$95), 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 DBJP shows a downward trend from 95 to 61, indicating bearish sentiment or hedging activity. The 45% spread signals divergent expectations across timeframes. Most levels below 84.17 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 | 61 | -23.17 (-27.53%) |
| Oct 17, 2025 | 80 | -4.17 (-4.95%) |
| Dec 19, 2025 | 72 | -12.17 (-14.46%) |
| Jan 16, 2026 | 95 | 10.83 (12.87%) |
| Mar 20, 2026 | 73 | -11.17 (-13.27%) |