(TQQQ)

TQQQ trades at $96.76, 6.3% above the near-term max pain of $91 expiring Sep 12, 2025 (-1 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($47-$91), signaling increased put positioning or downside protection. Key magnetic zone at 90 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for TQQQ shows a downward trend from 91 to 47, indicating bearish sentiment or hedging activity. The 54% spread signals divergent expectations across timeframes. Most levels below 96.76 may cap rallies. Strong magnetic level at 90 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.