(USPX)
Max Pain By Strike
USPX trades at $57.06, 14.1% above the near-term max pain of $50 expiring Sep 19, 2025 (10 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($39-$65), 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 USPX shows a downward trend from 65 to 39, indicating bearish sentiment or hedging activity. The 51% spread signals divergent expectations across timeframes. Most levels below 57.06 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 | 50 | -7.06 (-12.37%) |
| Oct 17, 2025 | 51 | -6.06 (-10.62%) |
| Nov 21, 2025 | 39 | -18.06 (-31.65%) |
| Jan 16, 2026 | 65 | 7.94 (13.92%) |
| Feb 20, 2026 | 48 | -9.06 (-15.88%) |