Morgan Stanley Direct Len... (MSDL)
Morgan Stanley Direct Lending Fund Max Pain By Strike
MSDL trades at $17.76, 6.5% below the near-term max pain of $19 expiring Sep 19, 2025 (33 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($18-$20), signaling increased put positioning or downside protection. Key magnetic zone at 19 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Morgan Stanley Direct Lending Fund Max Pain By Expiry
Max pain for MSDL shows a downward trend from 20 to 18, indicating bearish sentiment or hedging activity. The 10% spread signals divergent expectations across timeframes. Most levels above 17.76 could support dips. 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 | 19 | 1.24 (6.98%) |
| Oct 17, 2025 | 18 | 0.24 (1.35%) |
| Dec 19, 2025 | 19 | 1.24 (6.98%) |
| Mar 20, 2026 | 20 | 2.24 (12.61%) |
| Jan 15, 2027 | 20 | 2.24 (12.61%) |