Morgan Stanley Direct Len... (MSDL)
Morgan Stanley Direct Lending Fund Max Pain By Strike
MSDL trades at $16.68, pinned near the near-term max pain of $17 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($17-$20), signaling increased put positioning or downside protection. Key magnetic zone at 17 where 3 expirations converge.
Morgan Stanley Direct Lending Fund Max Pain By Expiry
Max pain for MSDL shows a downward trend from 20 to 17, indicating bearish sentiment or hedging activity. The 17% spread signals divergent expectations across timeframes. Most levels above 16.68 could support dips. Strong magnetic level at 17 (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 |
|---|---|---|
| Oct 17, 2025 | 17 | n/a (n/a) |
| Nov 21, 2025 | 17 | n/a (n/a) |
| Dec 19, 2025 | 18 | n/a (n/a) |
| Mar 20, 2026 | 17 | n/a (n/a) |
| Jan 15, 2027 | 20 | n/a (n/a) |