(SCHA) Options Max Pain Analysis | Strike Price Pressure & Sentiment - Stocknear

AMEX: SCHA · Real-Time Price · USD
27.68
-0.27 (-0.97%)
At close: Sep 12, 2025, 3:59 PM
27.72
0.14%
After-hours: Sep 12, 2025, 07:21 PM EDT

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%)