(JNK)
Max Pain By Strike
JNK trades at $96.92, pinned near the near-term max pain of $96.5 expiring Aug 22, 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 126% spread signals divergent expectations across timeframes. Most levels below 96.92 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 |
|---|---|---|
| Aug 22, 2025 | 96.5 | -0.42 (-0.44%) |
| Aug 29, 2025 | 96.5 | -0.42 (-0.44%) |
| Sep 19, 2025 | 97 | 0.08 (0.08%) |
| Oct 17, 2025 | 85 | -11.92 (-12.30%) |
| Dec 19, 2025 | 94 | -2.92 (-3.02%) |
| Jan 16, 2026 | 9 | -87.92 (-90.71%) |
| Mar 20, 2026 | 85 | -11.92 (-12.30%) |
| Apr 17, 2026 | 7 | -89.92 (-92.78%) |