CBOE: SATO · Real-Time Price · USD
21.28
0.09 (0.42%)
At close: Aug 27, 2025, 3:04 PM

Max Pain By Strike

SATO trades at $21.28, 25.2% above the near-term max pain of $17 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($13-$17), signaling increased put positioning or downside protection. Key magnetic zone at 17 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for SATO shows a downward trend from 17 to 13, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 21.28 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 -4.28 (-20.11%)
Oct 17, 2025 13 -8.28 (-38.91%)
Jan 16, 2026 16 -5.28 (-24.81%)
Apr 17, 2026 17 -4.28 (-20.11%)