(SPHD)
Max Pain By Strike
SPHD trades at $48.72, 3.7% above the near-term max pain of $47 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($9-$47), reflecting growing call interest at higher strikes. Key magnetic zone at 47 where 3 expirations converge.
Max Pain By Expiry
Max pain for SPHD shows an upward trend from 9 to 47, suggesting bullish positioning in longer-dated options. The 98% spread signals divergent expectations across timeframes. Most levels below 48.72 may cap rallies. Strong magnetic level at 47 (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 |
|---|---|---|
| Sep 19, 2025 | 47 | -1.72 (-3.52%) |
| Oct 17, 2025 | 43 | -5.72 (-11.73%) |
| Dec 19, 2025 | 47 | -1.72 (-3.52%) |
| Jan 16, 2026 | 9 | -39.72 (-81.53%) |
| Mar 20, 2026 | 47 | -1.72 (-3.52%) |