First Trust Indxx Aerospace & Defense ETF (MISL) Max Pain Analysis

Max pain is the strike price where aggregate option buyer payout is minimized at expiration. It represents the price at which option writers retain the most premium.

First Trust Indxx Aerospace & Defense ETF (MISL) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $214.4M, listed on AMEX, carrying a beta of 0.86 to the broader market. The First Trust Indxx Aerospace & Defense ETF (the "Fund") seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Led by James M. Dykas, public since 2022-10-26.

Snapshot as of May 15, 2026.

Spot Price
$44.54
Total OI
242

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