USPX Options Greeks

USPX is the FRANKLIN US EQUITY INDEX ETF. USPX max pain for the nearest expiry (2026-10-16) is $55, across 4 expirations. View historical max pain, max pain per expiration, and options greeks including Delta, Gamma, Theta, and Vega.

Max pain (2026-10-16)
$55
Expirations
4
Name
FRANKLIN US EQUITY INDEX ETF
Type
ETF
Market cap
$1.13B
Avg. daily volume (30d)
95.35K

Frequently asked questions

What is USPX max pain?
USPX max pain for the nearest expiry (2026-10-16) is $55. Max pain is the strike price where the most options contracts expire worthless, causing maximum loss for option holders and minimum payout by option writers.
How does USPX max pain affect price?
Max pain theory suggests that USPX stock price tends to gravitate toward the max pain strike as expiration approaches, because market makers hedge their positions. Tracking max pain across expirations helps identify potential price magnets.
What are USPX options greeks?
Options greeks measure the sensitivity of USPX option prices to various factors: Delta (price direction), Gamma (delta acceleration), Theta (time decay), and Vega (volatility sensitivity). Combine these with max pain levels to time entries and exits.