Steven Madden Ltd. (SHOO)
Steven Madden Max Pain By Strike
SHOO trades at $30.32, 34.8% above the near-term max pain of $22.5 expiring Sep 19, 2025 (12 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($22.5-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Steven Madden Max Pain By Expiry
Max pain for SHOO shows a downward trend from 97.5 to 22.5, indicating bearish sentiment or hedging activity. The 202% spread signals divergent expectations across timeframes. Most levels below 30.32 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 | 22.5 | -7.82 (-25.79%) |
| Oct 17, 2025 | 30 | -0.32 (-1.06%) |
| Dec 19, 2025 | 25 | -5.32 (-17.55%) |
| Jan 16, 2026 | 97.5 | 67.18 (221.57%) |
| Mar 20, 2026 | 22.5 | -7.82 (-25.79%) |
| Oct 16, 2026 | 25 | -5.32 (-17.55%) |