Schwab U.S. Large-Cap ETF (SCHX)

SCHX trades at $26.48, 5.9% above the near-term max pain of $25 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$25), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SCHX shows a downward trend from 25 to 7.5, indicating bearish sentiment or hedging activity. The 87% spread signals divergent expectations across timeframes. Most levels below 26.48 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.