Virgin Galactic Inc. (SPCE)
Virgin Galactic Max Pain By Strike
SPCE trades at $3.31, 10.3% above the near-term max pain of $3 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($2-$5), signaling increased put positioning or downside protection. Key magnetic zone at 3 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Virgin Galactic Max Pain By Expiry
Max pain for SPCE shows a downward trend from 5 to 2, indicating bearish sentiment or hedging activity. The 86% spread signals divergent expectations across timeframes. Levels distributed around 3.31. Strong magnetic level at 3 (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 | 3 | -0.31 (-9.23%) |
| Sep 26, 2025 | 3 | -0.31 (-9.23%) |
| Oct 3, 2025 | 3.5 | 0.19 (5.90%) |
| Oct 10, 2025 | 3.5 | 0.19 (5.90%) |
| Oct 17, 2025 | 3.5 | 0.19 (5.90%) |
| Oct 24, 2025 | 3 | -0.31 (-9.23%) |
| Oct 31, 2025 | 2 | -1.31 (-39.49%) |
| Dec 19, 2025 | 5 | 1.69 (51.29%) |
| Jan 16, 2026 | 5 | 1.69 (51.29%) |
| Apr 17, 2026 | 3 | -0.31 (-9.23%) |
| Jan 15, 2027 | 4 | 0.69 (21.03%) |