(SCHY)
Max Pain By Strike
SCHY trades at $28.25, 17.7% above the near-term max pain of $24 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$95), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SCHY shows a downward trend from 95 to 20, indicating bearish sentiment or hedging activity. The 203% spread signals divergent expectations across timeframes. Most levels below 28.25 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 | 24 | -4.25 (-15.03%) |
Oct 17, 2025 | 23 | -5.25 (-18.57%) |
Dec 19, 2025 | 23 | -5.25 (-18.57%) |
Mar 20, 2026 | 20 | -8.25 (-29.19%) |
Jun 18, 2026 | 95 | 66.75 (236.34%) |