(QEFA)

QEFA trades at $87, 13.0% above the near-term max pain of $77 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($69-$77), signaling increased put positioning or downside protection. Key magnetic zone at 77 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for QEFA shows a downward trend from 77 to 69, indicating bearish sentiment or hedging activity. The 11% spread signals divergent expectations across timeframes. Most levels below 87 may cap rallies. Strong magnetic level at 77 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.