(EWZ)
Max Pain By Strike
EWZ trades at $30.04, 3.6% above the near-term max pain of $29 expiring Sep 12, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($15-$30), reflecting growing call interest at higher strikes. Key magnetic zone at 28 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for EWZ shows an upward trend from 15 to 30, suggesting bullish positioning in longer-dated options. The 55% spread signals divergent expectations across timeframes. Most levels below 30.04 may cap rallies. Strong magnetic level at 28 (5 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 12, 2025 | 29 | -1.04 (-3.46%) |
| Sep 19, 2025 | 28 | -2.04 (-6.79%) |
| Sep 26, 2025 | 28.5 | -1.54 (-5.13%) |
| Sep 30, 2025 | 26 | -4.04 (-13.45%) |
| Oct 3, 2025 | 27 | -3.04 (-10.12%) |
| Oct 10, 2025 | 29.5 | -0.54 (-1.80%) |
| Oct 17, 2025 | 28 | -2.04 (-6.79%) |
| Oct 24, 2025 | 29 | -1.04 (-3.46%) |
| Nov 21, 2025 | 27 | -3.04 (-10.12%) |
| Dec 19, 2025 | 30 | -0.04 (-0.13%) |
| Dec 31, 2025 | 25 | -5.04 (-16.78%) |
| Jan 16, 2026 | 28 | -2.04 (-6.79%) |
| Mar 20, 2026 | 29 | -1.04 (-3.46%) |
| Mar 31, 2026 | 26 | -4.04 (-13.45%) |
| Apr 17, 2026 | 24 | -6.04 (-20.11%) |
| Jun 18, 2026 | 28 | -2.04 (-6.79%) |
| Jun 30, 2026 | 27 | -3.04 (-10.12%) |
| Dec 18, 2026 | 27 | -3.04 (-10.12%) |
| Jan 15, 2027 | 30 | -0.04 (-0.13%) |
| Jul 16, 2027 | 28 | -2.04 (-6.79%) |
| Dec 17, 2027 | 15 | -15.04 (-50.07%) |