(HEEM)
Max Pain By Strike
HEEM trades at $31.5, 26.0% above the near-term max pain of $25 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($24-$26), signaling increased put positioning or downside protection. Key magnetic zone at 24 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for HEEM shows a downward trend from 26 to 24, indicating bearish sentiment or hedging activity. The 8% spread suggests strong consensus on fair value. Most levels below 31.5 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 | 25 | -6.50 (-20.65%) |
| Oct 17, 2025 | 24 | -7.50 (-23.82%) |
| Jan 16, 2026 | 24 | -7.50 (-23.82%) |
| Apr 17, 2026 | 26 | -5.50 (-17.47%) |