(SCHZ)

SCHZ trades at $23.16, 28.7% above the near-term max pain of $18 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($18-$23), signaling increased put positioning or downside protection. Key magnetic zone at 18 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SCHZ shows a downward trend from 23 to 18, indicating bearish sentiment or hedging activity. The 25% spread signals divergent expectations across timeframes. Most levels below 23.16 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.