CBOE: MSTZ · Real-Time Price · USD
4.46
0.15 (3.48%)
At close: Aug 15, 2025, 3:00 PM

Max Pain By Strike

MSTZ trades at $4.46, 11.5% above the near-term max pain of $4 expiring Aug 22, 2025 (4 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$5), reflecting growing call interest at higher strikes. Key magnetic zone at 4 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for MSTZ shows an upward trend from 1 to 5, suggesting bullish positioning in longer-dated options. The 103% spread signals divergent expectations across timeframes. Levels distributed around 4.46. Strong magnetic level at 4 (4 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
Aug 22, 2025 4 -0.46 (-10.41%)
Aug 29, 2025 4 -0.46 (-10.41%)
Sep 5, 2025 4 -0.46 (-10.41%)
Sep 12, 2025 3 -1.46 (-32.81%)
Sep 19, 2025 5 0.54 (11.98%)
Sep 26, 2025 1 -3.46 (-77.60%)
Oct 17, 2025 4 -0.46 (-10.41%)
Dec 19, 2025 5 0.54 (11.98%)
Mar 20, 2026 5 0.54 (11.98%)