Companhia Siderúrgica Nac... (SID)
Companhia Siderúrgica Nacional Max Pain By Strike
SID trades at $1.56, 4.0% above the near-term max pain of $1.5 expiring Oct 17, 2025 (11 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($1.5-$95), signaling increased put positioning or downside protection. Key magnetic zone at 2 where 4 expirations converge.
Companhia Siderúrgica Nacional Max Pain By Expiry
Max pain for SID shows a downward trend from 95 to 1.5, indicating bearish sentiment or hedging activity. The 461% spread signals divergent expectations across timeframes. Levels distributed around 1.56. Strong magnetic level at 2 (4 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 |
|---|---|---|
| Oct 17, 2025 | 1.5 | n/a (n/a) |
| Nov 21, 2025 | 1.5 | n/a (n/a) |
| Dec 19, 2025 | 2 | n/a (n/a) |
| Jan 16, 2026 | 95 | n/a (n/a) |
| Mar 20, 2026 | 1.5 | n/a (n/a) |