Tanger Inc. (SKT)
Tanger Max Pain By Strike
SKT trades at $32.48, 4.8% above the near-term max pain of $31 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($24-$95), signaling increased put positioning or downside protection. Key magnetic zone at 31 where 3 expirations converge.
Tanger Max Pain By Expiry
Max pain for SKT shows a downward trend from 95 to 24, indicating bearish sentiment or hedging activity. The 177% spread signals divergent expectations across timeframes. Most levels below 32.48 may cap rallies. Strong magnetic level at 31 (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 |
|---|---|---|
| Aug 15, 2025 | 31 | -1.48 (-4.54%) |
| Sep 19, 2025 | 31 | -1.48 (-4.54%) |
| Oct 17, 2025 | 24 | -8.48 (-26.10%) |
| Dec 19, 2025 | 31 | -1.48 (-4.54%) |
| Jan 16, 2026 | 95 | 62.52 (192.53%) |
| Mar 20, 2026 | 29 | -3.48 (-10.70%) |