(SCHE)
Max Pain By Strike
SCHE trades at $31.95, 3.1% above the near-term max pain of $31 expiring Sep 19, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($27-$31), signaling increased put positioning or downside protection. Key magnetic zone at 31 where 2 expirations converge.
Max Pain By Expiry
Max pain for SCHE shows a downward trend from 31 to 27, indicating bearish sentiment or hedging activity. The 14% spread signals divergent expectations across timeframes. Most levels below 31.95 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 | 31 | -0.95 (-2.96%) |
| Oct 17, 2025 | 27 | -4.95 (-15.48%) |
| Jan 16, 2026 | 28 | -3.95 (-12.35%) |
| Apr 17, 2026 | 31 | -0.95 (-2.96%) |