(SCHG)
Max Pain By Strike
SCHG trades at $31.23, 4.1% above the near-term max pain of $30 expiring Sep 19, 2025 (9 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($7-$30), reflecting growing call interest at higher strikes. Key magnetic zone at 26 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SCHG shows an upward trend from 7 to 30, suggesting bullish positioning in longer-dated options. The 98% spread signals divergent expectations across timeframes. Most levels below 31.23 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 | 30 | -1.23 (-3.95%) |
| Oct 17, 2025 | 26 | -5.23 (-16.76%) |
| Jan 16, 2026 | 26 | -5.23 (-16.76%) |
| Apr 17, 2026 | 28 | -3.23 (-10.36%) |
| Aug 21, 2026 | 7 | -24.23 (-77.59%) |