(SPDW)
Max Pain By Strike
SPDW trades at $41.84, 2.0% above the near-term max pain of $41 expiring Aug 15, 2025 (-1 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($9-$41), reflecting growing call interest at higher strikes. Key magnetic zone at 41 where 2 expirations converge.
Max Pain By Expiry
Max pain for SPDW shows an upward trend from 9 to 41, suggesting bullish positioning in longer-dated options. The 96% spread signals divergent expectations across timeframes. Most levels below 41.84 may cap rallies. 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 | 41 | -0.84 (-2.02%) |
| Sep 19, 2025 | 41 | -0.84 (-2.02%) |
| Oct 17, 2025 | 40 | -1.84 (-4.41%) |
| Nov 21, 2025 | 32 | -9.84 (-23.53%) |
| Jan 16, 2026 | 9 | -32.84 (-78.49%) |
| Feb 20, 2026 | 36 | -5.84 (-13.97%) |