Shell (SHEL)
Shell Max Pain By Strike
SHEL trades at $72.64, pinned near the near-term max pain of $72.5 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($40-$72.5), indicating stable market expectations. Key magnetic zone at 70 where 3 expirations converge.
Shell Max Pain By Expiry
Max pain for SHEL shows stable levels around 65.93, reflecting balanced market expectations. The 49% spread signals divergent expectations across timeframes. Most levels below 72.64 may cap rallies. Strong magnetic level at 70 (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 | 72.5 | -0.14 (-0.19%) |
| Aug 22, 2025 | 70 | -2.64 (-3.63%) |
| Aug 29, 2025 | 71 | -1.64 (-2.26%) |
| Sep 5, 2025 | 71 | -1.64 (-2.26%) |
| Sep 12, 2025 | 72 | -0.64 (-0.88%) |
| Sep 19, 2025 | 67.5 | -5.14 (-7.08%) |
| Sep 26, 2025 | 40 | -32.64 (-44.93%) |
| Oct 17, 2025 | 70 | -2.64 (-3.63%) |
| Jan 16, 2026 | 65 | -7.64 (-10.52%) |
| Mar 20, 2026 | 72.5 | -0.14 (-0.19%) |
| Apr 17, 2026 | 50 | -22.64 (-31.17%) |
| Jun 18, 2026 | 72.5 | -0.14 (-0.19%) |
| Sep 18, 2026 | 70 | -2.64 (-3.63%) |
| Dec 18, 2026 | 60 | -12.64 (-17.40%) |
| Jan 15, 2027 | 65 | -7.64 (-10.52%) |