ProShares - UltraShort Bl... (SCO)
ProShares - UltraShort Bloomberg Crude Oil Max Pain By Strike
SCO trades at $18.05, 6.2% above the near-term max pain of $17 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
ProShares - UltraShort Bloomberg Crude Oil Max Pain By Expiry
Max pain for SCO shows a downward trend from 95 to 7, indicating bearish sentiment or hedging activity. The 328% spread signals divergent expectations across timeframes. Most levels below 18.05 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 | 17 | -1.05 (-5.84%) |
| Oct 17, 2025 | 15 | -3.05 (-16.92%) |
| Jan 16, 2026 | 14 | -4.05 (-22.46%) |
| Apr 17, 2026 | 13 | -5.05 (-28.00%) |
| Jun 18, 2026 | 95 | 76.94 (426.17%) |
| Aug 21, 2026 | 7 | -11.05 (-61.23%) |