iShares MSCI EAFE Small-C... (SCZ)

SCZ trades at $77.75, 14.3% above the near-term max pain of $68 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($63-$74), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SCZ shows a downward trend from 74 to 63, indicating bearish sentiment or hedging activity. The 16% spread signals divergent expectations across timeframes. Most levels below 77.75 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.