(DLS)
Max Pain By Strike
DLS trades at $78.33, 39.9% above the near-term max pain of $56 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($56-$75), 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 DLS shows a downward trend from 75 to 56, indicating bearish sentiment or hedging activity. The 28% spread signals divergent expectations across timeframes. Most levels below 78.33 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 | 56 | -22.33 (-28.51%) |
Oct 17, 2025 | 75 | -3.33 (-4.26%) |
Dec 19, 2025 | 66 | -12.33 (-15.75%) |
Mar 20, 2026 | 72 | -6.33 (-8.09%) |