(JEPQ)
Max Pain By Strike
JEPQ trades at $56.02, pinned near the near-term max pain of $55 expiring Sep 19, 2025 (10 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($47-$55), reflecting growing call interest at higher strikes. Key magnetic zone at 53 where 2 expirations converge.
Max Pain By Expiry
Max pain for JEPQ shows an upward trend from 47 to 55, suggesting bullish positioning in longer-dated options. The 15% spread signals divergent expectations across timeframes. Most levels below 56.02 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 | 55 | -1.02 (-1.82%) |
| Oct 17, 2025 | 55 | -1.02 (-1.82%) |
| Nov 21, 2025 | 54 | -2.02 (-3.61%) |
| Jan 16, 2026 | 54 | -2.02 (-3.61%) |
| Feb 20, 2026 | 53 | -3.02 (-5.39%) |
| Jun 18, 2026 | 47 | -9.02 (-16.10%) |
| Jan 15, 2027 | 53 | -3.02 (-5.39%) |