AMEX: SPGM · Real-Time Price · USD
72.00
0.06 (0.08%)
At close: Aug 15, 2025, 3:59 PM
71.94
-0.08%
After-hours: Aug 15, 2025, 05:29 PM EDT

Max Pain By Strike

SPGM trades at $72, 9.1% above the near-term max pain of $66 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($52-$69), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for SPGM shows a downward trend from 69 to 52, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Most levels below 72 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
Sep 19, 2025 66 -6.00 (-8.33%)
Oct 17, 2025 52 -20.00 (-27.77%)
Jan 16, 2026 63 -9.00 (-12.49%)
Apr 17, 2026 69 -3.00 (-4.16%)