(SCHM)
Max Pain By Strike
SCHM trades at $28.88, 52.0% above the near-term max pain of $19 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$27), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SCHM shows a downward trend from 27 to 7.5, indicating bearish sentiment or hedging activity. The 107% spread signals divergent expectations across timeframes. Most levels below 28.88 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 |
|---|---|---|
| Aug 15, 2025 | 19 | -9.88 (-34.20%) |
| Sep 19, 2025 | 20 | -8.88 (-30.74%) |
| Oct 17, 2025 | 15 | -13.88 (-48.05%) |
| Jan 16, 2026 | 27 | -1.88 (-6.49%) |
| Apr 17, 2026 | 21 | -7.88 (-27.27%) |
| Jun 18, 2026 | 7.5 | -21.38 (-74.03%) |