DraftKings Inc. (DKNG)
DraftKings Max Pain By Strike
DKNG trades at $47.4, 5.3% above the near-term max pain of $45 expiring Sep 5, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($30-$46), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
DraftKings Max Pain By Expiry
Max pain for DKNG shows a downward trend from 46 to 30, indicating bearish sentiment or hedging activity. The 40% spread signals divergent expectations across timeframes. Most levels below 47.4 may cap rallies. Strong magnetic level at 45 (4 expirations). 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 5, 2025 | 45 | -2.40 (-5.06%) |
| Sep 12, 2025 | 45.5 | -1.90 (-4.01%) |
| Sep 19, 2025 | 41.5 | -5.90 (-12.45%) |
| Sep 26, 2025 | 44 | -3.40 (-7.17%) |
| Oct 3, 2025 | 45 | -2.40 (-5.06%) |
| Oct 10, 2025 | 46 | -1.40 (-2.95%) |
| Oct 17, 2025 | 45 | -2.40 (-5.06%) |
| Oct 24, 2025 | 38 | -9.40 (-19.83%) |
| Nov 21, 2025 | 40 | -7.40 (-15.61%) |
| Dec 19, 2025 | 37 | -10.40 (-21.94%) |
| Jan 16, 2026 | 37 | -10.40 (-21.94%) |
| Feb 20, 2026 | 45 | -2.40 (-5.06%) |
| Mar 20, 2026 | 35 | -12.40 (-26.16%) |
| Jun 18, 2026 | 40 | -7.40 (-15.61%) |
| Sep 18, 2026 | 40 | -7.40 (-15.61%) |
| Dec 18, 2026 | 38 | -9.40 (-19.83%) |
| Jan 15, 2027 | 30 | -17.40 (-36.71%) |
| Dec 17, 2027 | 35 | -12.40 (-26.16%) |