JPMorgan Chase & Co. (JPM)
JPMorgan Chase & Max Pain By Strike
JPM trades at $291.06, 4.0% above the near-term max pain of $280 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($200-$300), indicating stable market expectations. Key magnetic zone at 270 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
JPMorgan Chase & Max Pain By Expiry
Max pain for JPM shows stable levels around 267.74, reflecting balanced market expectations. The 37% spread signals divergent expectations across timeframes. Most levels below 291.06 may cap rallies. Strong magnetic level at 270 (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 15, 2025 | 280 | -11.06 (-3.80%) |
| Aug 22, 2025 | 292.5 | 1.44 (0.49%) |
| Aug 29, 2025 | 290 | -1.06 (-0.36%) |
| Sep 5, 2025 | 290 | -1.06 (-0.36%) |
| Sep 12, 2025 | 295 | 3.94 (1.35%) |
| Sep 19, 2025 | 265 | -26.06 (-8.95%) |
| Sep 26, 2025 | 285 | -6.06 (-2.08%) |
| Oct 17, 2025 | 270 | -21.06 (-7.24%) |
| Nov 21, 2025 | 270 | -21.06 (-7.24%) |
| Dec 19, 2025 | 235 | -56.06 (-19.26%) |
| Jan 16, 2026 | 240 | -51.06 (-17.54%) |
| Feb 20, 2026 | 285 | -6.06 (-2.08%) |
| Mar 20, 2026 | 260 | -31.06 (-10.67%) |
| May 15, 2026 | 270 | -21.06 (-7.24%) |
| Jun 18, 2026 | 255 | -36.06 (-12.39%) |
| Aug 21, 2026 | 260 | -31.06 (-10.67%) |
| Sep 18, 2026 | 290 | -1.06 (-0.36%) |
| Dec 18, 2026 | 250 | -41.06 (-14.11%) |
| Jan 15, 2027 | 240 | -51.06 (-17.54%) |
| Jun 17, 2027 | 300 | 8.94 (3.07%) |
| Dec 17, 2027 | 200 | -91.06 (-31.29%) |