(DNL)
Max Pain By Strike
DNL trades at $39.66, pinned near the near-term max pain of $39 expiring Sep 19, 2025 (32 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($35-$600), signaling increased put positioning or downside protection. Key magnetic zone at 39 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for DNL shows a downward trend from 600 to 35, indicating bearish sentiment or hedging activity. The 377% spread signals divergent expectations across timeframes. Most levels below 39.66 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 | 39 | -0.66 (-1.66%) |
| Oct 17, 2025 | 39 | -0.66 (-1.66%) |
| Jan 16, 2026 | 35 | -4.66 (-11.75%) |
| Apr 17, 2026 | 36 | -3.66 (-9.23%) |
| Dec 18, 2026 | 600 | 560.34 (1412.86%) |