Stepan (SCL)
Stepan Max Pain By Strike
SCL trades at $50.31, 8.5% below the near-term max pain of $55 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($25-$95), signaling increased put positioning or downside protection. Key magnetic zone at 55 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Stepan Max Pain By Expiry
Max pain for SCL shows a downward trend from 95 to 25, indicating bearish sentiment or hedging activity. The 127% spread signals divergent expectations across timeframes. Levels distributed around 50.31. Strong magnetic level at 55 (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 |
|---|---|---|
| Aug 15, 2025 | 55 | 4.69 (9.31%) |
| Sep 19, 2025 | 55 | 4.69 (9.31%) |
| Oct 17, 2025 | 25 | -25.31 (-50.31%) |
| Dec 19, 2025 | 55 | 4.69 (9.31%) |
| Jan 16, 2026 | 95 | 44.69 (88.81%) |
| Mar 20, 2026 | 45 | -5.31 (-10.56%) |