(MUB)
Max Pain By Strike
MUB trades at $104.04, pinned near the near-term max pain of $104 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($90-$107), signaling increased put positioning or downside protection. Key magnetic zone at 104 where 2 expirations converge.
Max Pain By Expiry
Max pain for MUB shows a downward trend from 107 to 90, indicating bearish sentiment or hedging activity. The 17% spread signals divergent expectations across timeframes. Levels distributed around 104.04. 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 | 104 | -0.04 (-0.04%) |
| Oct 17, 2025 | 90 | -14.04 (-13.49%) |
| Nov 21, 2025 | 106 | 1.96 (1.88%) |
| Jan 16, 2026 | 107 | 2.96 (2.85%) |
| Feb 20, 2026 | 104 | -0.04 (-0.04%) |
| Jan 15, 2027 | 100 | -4.04 (-3.88%) |