(QDEF)
Max Pain By Strike
QDEF trades at $77.75, 8.0% above the near-term max pain of $72 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($59-$75), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for QDEF shows a downward trend from 75 to 59, indicating bearish sentiment or hedging activity. The 23% spread signals divergent expectations across timeframes. Most levels below 77.75 may cap rallies. 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 | 72 | -5.75 (-7.40%) |
| Oct 17, 2025 | 59 | -18.75 (-24.12%) |
| Jan 16, 2026 | 68 | -9.75 (-12.55%) |
| Apr 17, 2026 | 75 | -2.75 (-3.54%) |