(SCZ)
Max Pain By Strike
SCZ trades at $75.75, 5.2% above the near-term max pain of $72 expiring Sep 19, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($63-$74), signaling increased put positioning or downside protection.
Max Pain By Expiry
Max pain for SCZ shows a downward trend from 74 to 63, indicating bearish sentiment or hedging activity. The 16% spread signals divergent expectations across timeframes. Most levels below 75.75 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 | 72 | -3.75 (-4.95%) |
| Oct 17, 2025 | 68 | -7.75 (-10.23%) |
| Dec 19, 2025 | 63 | -12.75 (-16.83%) |
| Mar 20, 2026 | 74 | -1.75 (-2.31%) |