Schwab Intermediate-Term ... (SCHR)
Schwab Intermediate-Term U.S. Treasury ETF Max Pain By Strike
SCHR trades at $24.98, pinned near the near-term max pain of $25 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($20-$95), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 3 expirations converge.
Schwab Intermediate-Term U.S. Treasury ETF Max Pain By Expiry
Max pain for SCHR shows a downward trend from 95 to 20, indicating bearish sentiment or hedging activity. The 197% spread signals divergent expectations across timeframes. Most levels above 24.98 could support dips. Strong magnetic level at 25 (3 expirations). 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 | 25 | 0.02 (0.08%) |
| Oct 17, 2025 | 25 | 0.02 (0.08%) |
| Nov 21, 2025 | 25 | 0.02 (0.08%) |
| Jan 16, 2026 | 95 | 70.02 (280.30%) |
| Feb 20, 2026 | 20 | -4.98 (-19.94%) |