Spectrum Brands Inc. (SPB)
Spectrum Brands Max Pain By Strike
SPB trades at $56.76, 3.2% above the near-term max pain of $55 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($30-$60), reflecting growing call interest at higher strikes. Key magnetic zone at 55 where 3 expirations converge.
Spectrum Brands Max Pain By Expiry
Max pain for SPB shows an upward trend from 30 to 60, suggesting bullish positioning in longer-dated options. The 59% spread signals divergent expectations across timeframes. Most levels below 56.76 may cap rallies. Strong magnetic level at 55 (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 | 55 | -1.76 (-3.09%) |
| Sep 19, 2025 | 55 | -1.76 (-3.09%) |
| Oct 17, 2025 | 60 | 3.24 (5.72%) |
| Jan 16, 2026 | 55 | -1.76 (-3.09%) |
| Apr 17, 2026 | 30 | -26.76 (-47.14%) |