Companhia Siderúrgica Nac... (SID)
Companhia Siderúrgica Nacional Max Pain By Strike
SID trades at $1.46, 2.7% below the near-term max pain of $1.5 expiring Sep 19, 2025 (8 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. Most levels above 1.46 could support dips. 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 |
|---|---|---|
| Sep 19, 2025 | 1.5 | 0.04 (3.09%) |
| Oct 17, 2025 | 1.5 | 0.04 (3.09%) |
| Dec 19, 2025 | 2 | 0.54 (37.46%) |
| Jan 16, 2026 | 95 | 93.55 (6429.21%) |
| Mar 20, 2026 | 1.5 | 0.04 (3.09%) |