(JNK)
Max Pain By Strike
JNK trades at $97.7, pinned near the near-term max pain of $97 expiring Sep 19, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$97), reflecting growing call interest at higher strikes. Key magnetic zone at 97 where 3 expirations converge.
Max Pain By Expiry
Max pain for JNK shows an upward trend from 7 to 97, suggesting bullish positioning in longer-dated options. The 134% spread signals divergent expectations across timeframes. Most levels below 97.7 may cap rallies. Strong magnetic level at 97 (3 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 19, 2025 | 97 | -0.70 (-0.72%) |
| Oct 17, 2025 | 97 | -0.70 (-0.72%) |
| Dec 19, 2025 | 97 | -0.70 (-0.72%) |
| Jan 16, 2026 | 9 | -88.70 (-90.79%) |
| Mar 20, 2026 | 96 | -1.70 (-1.74%) |
| Apr 17, 2026 | 7 | -90.70 (-92.84%) |