(GSG)
Max Pain By Strike
GSG trades at $22.18, 3.6% below the near-term max pain of $23 expiring Sep 19, 2025 (31 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($12-$23), reflecting growing call interest at higher strikes.
Max Pain By Expiry
Max pain for GSG shows an upward trend from 12 to 23, suggesting bullish positioning in longer-dated options. The 57% spread signals divergent expectations across timeframes. Most levels below 22.18 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 | 23 | 0.82 (3.67%) |
| Oct 17, 2025 | 22 | -0.18 (-0.83%) |
| Jan 16, 2026 | 20 | -2.18 (-9.85%) |
| Apr 17, 2026 | 12 | -10.18 (-45.91%) |