Schwab U.S. Large-Cap ETF (SCHX)
Schwab U.S. Large-Cap ETF Max Pain By Strike
SCHX trades at $25.55, 2.2% above the near-term max pain of $25 expiring Sep 19, 2025 (26 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7.5-$25), reflecting growing call interest at higher strikes. Key magnetic zone at 25 where 3 expirations converge.
Schwab U.S. Large-Cap ETF Max Pain By Expiry
Max pain for SCHX shows an upward trend from 7.5 to 25, suggesting bullish positioning in longer-dated options. The 84% spread signals divergent expectations across timeframes. Most levels below 25.55 may cap rallies. 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 | -0.55 (-2.17%) |
| Oct 17, 2025 | 25 | -0.55 (-2.17%) |
| Nov 21, 2025 | 22 | -3.55 (-13.91%) |
| Jan 16, 2026 | 7.5 | -18.05 (-70.65%) |
| Feb 20, 2026 | 25 | -0.55 (-2.17%) |