(SCHO)
Max Pain By Strike
SCHO trades at $24.32, 15.8% above the near-term max pain of $21 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($19-$21), signaling increased put positioning or downside protection. Key magnetic zone at 21 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SCHO shows a downward trend from 21 to 19, indicating bearish sentiment or hedging activity. The 10% spread suggests strong consensus on fair value. Most levels below 24.32 may cap rallies. Strong magnetic level at 21 (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 | 21 | -3.32 (-13.67%) |
Oct 17, 2025 | 21 | -3.32 (-13.67%) |
Nov 21, 2025 | 19 | -5.32 (-21.89%) |
Feb 20, 2026 | 21 | -3.32 (-13.67%) |