Southside Bancshares Inc. (SBSI)
Southside Bancshares Max Pain By Strike
SBSI trades at $30.2, 20.8% above the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($15-$86.25), signaling increased put positioning or downside protection. Key magnetic zone at 15 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Southside Bancshares Max Pain By Expiry
Max pain for SBSI shows a downward trend from 86.25 to 15, indicating bearish sentiment or hedging activity. The 236% spread signals divergent expectations across timeframes. Most levels below 30.2 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 |
|---|---|---|
| Aug 15, 2025 | 25 | -5.20 (-17.20%) |
| Sep 19, 2025 | 17.5 | -12.70 (-42.04%) |
| Oct 17, 2025 | 15 | -15.20 (-50.32%) |
| Nov 21, 2025 | 22.5 | -7.70 (-25.48%) |
| Feb 20, 2026 | 15 | -15.20 (-50.32%) |
| Jan 1, 2031 | 86.25 | 56.05 (185.64%) |