Shell (SHEL)
Shell Max Pain By Strike
SHEL trades at $72.05, pinned near the near-term max pain of $72 expiring Sep 12, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($60-$75), indicating stable market expectations. Key magnetic zone at 71 where 3 expirations converge.
Shell Max Pain By Expiry
Max pain for SHEL shows stable levels around 69.61, reflecting balanced market expectations. The 22% spread signals divergent expectations across timeframes. Most levels below 72.05 may cap rallies. Strong magnetic level at 71 (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 |
|---|---|---|
| Sep 12, 2025 | 72 | -0.05 (-0.06%) |
| Sep 19, 2025 | 72.5 | 0.45 (0.63%) |
| Sep 26, 2025 | 71 | -1.05 (-1.45%) |
| Oct 3, 2025 | 72 | -0.05 (-0.06%) |
| Oct 10, 2025 | 71 | -1.05 (-1.45%) |
| Oct 17, 2025 | 70 | -2.05 (-2.84%) |
| Oct 24, 2025 | 71 | -1.05 (-1.45%) |
| Jan 16, 2026 | 67.5 | -4.55 (-6.31%) |
| Mar 20, 2026 | 72.5 | 0.45 (0.63%) |
| Apr 17, 2026 | 75 | 2.95 (4.10%) |
| Jun 18, 2026 | 70 | -2.05 (-2.84%) |
| Sep 18, 2026 | 67.5 | -4.55 (-6.31%) |
| Dec 18, 2026 | 60 | -12.05 (-16.72%) |
| Jan 15, 2027 | 62.5 | -9.55 (-13.25%) |