(SCHA)
Max Pain By Strike
SCHA trades at $27.68, 38.4% above the near-term max pain of $20 expiring Sep 19, 2025 (5 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$23), signaling increased put positioning or downside protection. Key magnetic zone at 20 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SCHA shows a downward trend from 23 to 20, indicating bearish sentiment or hedging activity. The 14% spread signals divergent expectations across timeframes. Most levels below 27.68 may cap rallies. Strong magnetic level at 20 (3 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 |
---|---|---|
Sep 19, 2025 | 20 | -7.68 (-27.75%) |
Oct 17, 2025 | 20 | -7.68 (-27.75%) |
Jan 16, 2026 | 20 | -7.68 (-27.75%) |
Apr 17, 2026 | 23 | -4.68 (-16.91%) |