(SH)
Max Pain By Strike
SH trades at $37.82, 3.0% below the near-term max pain of $39 expiring Sep 19, 2025 (8 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($36-$42), indicating stable market expectations. Key magnetic zone at 38 where 2 expirations converge.
Max Pain By Expiry
Max pain for SH shows stable levels around 38.83, reflecting balanced market expectations. The 15% spread signals divergent expectations across timeframes. Most levels above 37.82 could support dips. 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 | 39 | 1.18 (3.12%) |
| Oct 17, 2025 | 38 | 0.18 (0.48%) |
| Nov 21, 2025 | 40 | 2.18 (5.76%) |
| Jan 16, 2026 | 42 | 4.18 (11.05%) |
| Feb 20, 2026 | 38 | 0.18 (0.48%) |
| Jan 15, 2027 | 36 | -1.82 (-4.81%) |