Schwab U.S. TIPS ETF (SCHP)
Schwab U.S. TIPS ETF Max Pain By Strike
SCHP trades at $26.82, pinned near the near-term max pain of $27 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$27), reflecting growing call interest at higher strikes. Key magnetic zone at 26 where 2 expirations converge.
Schwab U.S. TIPS ETF Max Pain By Expiry
Max pain for SCHP shows an upward trend from 8 to 27, suggesting bullish positioning in longer-dated options. The 90% spread signals divergent expectations across timeframes. Most levels below 26.82 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 |
|---|---|---|
| Oct 17, 2025 | 27 | n/a (n/a) |
| Nov 21, 2025 | 19 | n/a (n/a) |
| Dec 19, 2025 | 26 | n/a (n/a) |
| Jan 16, 2026 | 8 | n/a (n/a) |
| Mar 20, 2026 | 26 | n/a (n/a) |