(QQQJ)
Max Pain By Strike
QQQJ trades at $34.06, 3.2% above the near-term max pain of $33 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($24-$99.79), 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 QQQJ shows a downward trend from 99.79 to 24, indicating bearish sentiment or hedging activity. The 146% spread signals divergent expectations across timeframes. Levels distributed around 34.06. 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 | 33 | -1.06 (-3.13%) |
| Oct 17, 2025 | 24 | -10.06 (-29.55%) |
| Dec 19, 2025 | 31 | -3.06 (-9.00%) |
| Jan 16, 2026 | 95 | 60.94 (178.88%) |
| Mar 20, 2026 | 29 | -5.06 (-14.87%) |
| Jan 1, 2031 | 99.79 | 65.73 (192.94%) |