(USD)
Max Pain By Strike
USD trades at $90.36, 23.8% above the near-term max pain of $73 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($51-$85), 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 USD shows a downward trend from 85 to 51, indicating bearish sentiment or hedging activity. The 48% spread signals divergent expectations across timeframes. Most levels below 90.36 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 | 73 | -17.36 (-19.21%) |
| Oct 17, 2025 | 84 | -6.36 (-7.04%) |
| Nov 21, 2025 | 51 | -39.36 (-43.56%) |
| Jan 16, 2026 | 85 | -5.36 (-5.93%) |
| Feb 20, 2026 | 60 | -30.36 (-33.60%) |