(FXZ)
Max Pain By Strike
FXZ trades at $62.38, 17.7% above the near-term max pain of $53 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7-$56), 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 FXZ shows a downward trend from 56 to 7, indicating bearish sentiment or hedging activity. The 116% spread signals divergent expectations across timeframes. Most levels below 62.38 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 | 53 | -9.38 (-15.04%) |
| Oct 17, 2025 | 44 | -18.38 (-29.46%) |
| Dec 19, 2025 | 7 | -55.38 (-88.78%) |
| Jan 16, 2026 | 51 | -11.38 (-18.24%) |
| Apr 17, 2026 | 56 | -6.38 (-10.23%) |