(SHM)

SHM trades at $48.17, 7.0% above the near-term max pain of $45 expiring Sep 19, 2025 (33 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($44-$45), indicating stable market expectations. Key magnetic zone at 45 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SHM shows stable levels around 44.75, reflecting balanced market expectations. The 2% spread suggests strong consensus on fair value. Most levels below 48.17 may cap rallies. Strong magnetic level at 45 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.