(SOXQ)
Max Pain By Strike
SOXQ trades at $45.3, 13.2% above the near-term max pain of $40 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($30-$43), 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 SOXQ shows a downward trend from 43 to 30, indicating bearish sentiment or hedging activity. The 35% spread signals divergent expectations across timeframes. Most levels below 45.3 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 | 40 | -5.30 (-11.70%) |
| Oct 17, 2025 | 30 | -15.30 (-33.77%) |
| Jan 16, 2026 | 36 | -9.30 (-20.53%) |
| Apr 17, 2026 | 43 | -2.30 (-5.08%) |