Southside Bancshares Inc. (SBSI)
Southside Bancshares Max Pain By Strike
SBSI trades at $29.05, 3.2% below the near-term max pain of $30 expiring Oct 17, 2025 (18 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($15-$86.25), signaling increased put positioning or downside protection. Key magnetic zone at 25 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 197% spread signals divergent expectations across timeframes. Levels distributed around 29.05. 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 |
|---|---|---|
| Oct 17, 2025 | 30 | n/a (n/a) |
| Nov 21, 2025 | 25 | n/a (n/a) |
| Feb 20, 2026 | 25 | n/a (n/a) |
| May 15, 2026 | 15 | n/a (n/a) |
| Jan 1, 2031 | 86.25 | n/a (n/a) |