(QDEF)

QDEF trades at $78.75, 9.4% above the near-term max pain of $72 expiring Sep 19, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($59-$74), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for QDEF shows a downward trend from 74 to 59, indicating bearish sentiment or hedging activity. The 22% spread signals divergent expectations across timeframes. Most levels below 78.75 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.