(QDIV)

QDIV trades at $34.56, 11.5% above the near-term max pain of $31 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($28-$95), signaling increased put positioning or downside protection. Key magnetic zone at 31 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for QDIV shows a downward trend from 95 to 28, indicating bearish sentiment or hedging activity. The 156% spread signals divergent expectations across timeframes. Most levels below 34.56 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.