(QQEW)
Max Pain By Strike
QQEW trades at $136.55, pinned near the near-term max pain of $134 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($116-$134), signaling increased put positioning or downside protection. Key magnetic zone at 134 where 2 expirations converge.
Max Pain By Expiry
Max pain for QQEW shows a downward trend from 134 to 116, indicating bearish sentiment or hedging activity. The 14% spread signals divergent expectations across timeframes. Most levels below 136.55 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 | 134 | -2.55 (-1.87%) |
| Oct 17, 2025 | 116 | -20.55 (-15.05%) |
| Jan 16, 2026 | 126 | -10.55 (-7.73%) |
| Apr 17, 2026 | 134 | -2.55 (-1.87%) |