Annaly Capital Management... (NLY)
Annaly Capital Management Max Pain By Strike
NLY trades at $20.9, pinned near the near-term max pain of $20.5 expiring Aug 22, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($18-$20.5), reflecting growing call interest at higher strikes. Key magnetic zone at 20 where 7 expirations converge.
Annaly Capital Management Max Pain By Expiry
Max pain for NLY shows an upward trend from 18 to 20.5, suggesting bullish positioning in longer-dated options. The 13% spread signals divergent expectations across timeframes. Most levels below 20.9 may cap rallies. Strong magnetic level at 20 (7 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 | 20.5 | -0.40 (-1.91%) |
| Aug 29, 2025 | 20 | -0.90 (-4.31%) |
| Sep 5, 2025 | 20.5 | -0.40 (-1.91%) |
| Sep 12, 2025 | 20 | -0.90 (-4.31%) |
| Sep 19, 2025 | 20 | -0.90 (-4.31%) |
| Sep 26, 2025 | 19.5 | -1.40 (-6.70%) |
| Oct 17, 2025 | 20 | -0.90 (-4.31%) |
| Nov 21, 2025 | 20 | -0.90 (-4.31%) |
| Jan 16, 2026 | 20 | -0.90 (-4.31%) |
| Apr 17, 2026 | 19 | -1.90 (-9.09%) |
| Jan 15, 2027 | 18 | -2.90 (-13.88%) |