Schwab U.S. Mid-Cap ETF (SCHM)
Schwab U.S. Mid-Cap ETF Max Pain By Strike
SCHM trades at $28.83, 44.1% above the near-term max pain of $20 expiring Sep 19, 2025 (29 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7.5-$28), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Schwab U.S. Mid-Cap ETF Max Pain By Expiry
Max pain for SCHM shows an upward trend from 7.5 to 28, suggesting bullish positioning in longer-dated options. The 94% spread signals divergent expectations across timeframes. Most levels below 28.83 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 | 20 | -8.83 (-30.63%) |
| Oct 17, 2025 | 26 | -2.83 (-9.82%) |
| Jan 16, 2026 | 27 | -1.83 (-6.35%) |
| Apr 17, 2026 | 28 | -0.83 (-2.88%) |
| Jun 18, 2026 | 7.5 | -21.33 (-73.99%) |