Schwab U.S. REIT ETF (SCHH)

SCHH trades at $21.36, pinned near the near-term max pain of $21 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($7-$95), signaling increased put positioning or downside protection. Key magnetic zone at 21 where 3 expirations converge.

Max pain for SCHH shows a downward trend from 95 to 7, indicating bearish sentiment or hedging activity. The 297% spread signals divergent expectations across timeframes. Most levels below 21.36 may cap rallies. Strong magnetic level at 21 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.