(EWJ)
Max Pain By Strike
EWJ trades at $79.19, 2.8% above the near-term max pain of $77 expiring Sep 19, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($40-$80), reflecting growing call interest at higher strikes. Key magnetic zone at 77 where 2 expirations converge.
Max Pain By Expiry
Max pain for EWJ shows an upward trend from 40 to 80, suggesting bullish positioning in longer-dated options. The 56% spread signals divergent expectations across timeframes. Most levels below 79.19 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 | 77 | -2.19 (-2.76%) |
| Oct 17, 2025 | 80 | 0.81 (1.03%) |
| Dec 19, 2025 | 80 | 0.81 (1.03%) |
| Jan 16, 2026 | 70 | -9.19 (-11.60%) |
| Mar 20, 2026 | 77 | -2.19 (-2.76%) |
| Jun 18, 2026 | 75 | -4.19 (-5.29%) |
| Dec 18, 2026 | 40 | -39.19 (-49.49%) |
| Jan 15, 2027 | 73 | -6.19 (-7.81%) |