Opera Limited (OPRA)
Opera Max Pain By Strike
OPRA trades at $19.59, 30.6% above the near-term max pain of $15 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$18), reflecting growing call interest at higher strikes. Key magnetic zone at 15 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Opera Max Pain By Expiry
Max pain for OPRA shows an upward trend from 5 to 18, suggesting bullish positioning in longer-dated options. The 88% spread signals divergent expectations across timeframes. Most levels below 19.59 may cap rallies. Strong magnetic level at 15 (5 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 |
|---|---|---|
| Sep 19, 2025 | 15 | -4.59 (-23.43%) |
| Oct 17, 2025 | 17.5 | -2.09 (-10.67%) |
| Nov 21, 2025 | 18 | -1.59 (-8.12%) |
| Dec 19, 2025 | 17.5 | -2.09 (-10.67%) |
| Jan 16, 2026 | 15 | -4.59 (-23.43%) |
| Apr 17, 2026 | 15 | -4.59 (-23.43%) |
| Jan 15, 2027 | 15 | -4.59 (-23.43%) |
| Jun 17, 2027 | 5 | -14.59 (-74.48%) |
| Dec 17, 2027 | 15 | -4.59 (-23.43%) |