DRDGOLD Limited (DRD)
DRDGOLD Max Pain By Strike
DRD trades at $14.88, 19.0% above the near-term max pain of $12.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
DRDGOLD Max Pain By Expiry
Max pain for DRD shows a downward trend from 95 to 2.5, indicating bearish sentiment or hedging activity. The 370% spread signals divergent expectations across timeframes. Levels distributed around 14.88. Strong magnetic level at 13 (3 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 |
|---|---|---|
| Aug 15, 2025 | 12.5 | -2.38 (-15.97%) |
| Sep 19, 2025 | 15 | 0.13 (0.84%) |
| Oct 17, 2025 | 2.5 | -12.38 (-83.19%) |
| Nov 21, 2025 | 12.5 | -2.38 (-15.97%) |
| Jan 16, 2026 | 95 | 80.13 (538.66%) |
| Feb 20, 2026 | 12.5 | -2.38 (-15.97%) |