SPI Energy Co. Ltd. (SPI)
SPI Energy Max Pain By Strike
SPI trades at $0.77, 54.0% above the near-term max pain of $0.5 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($0.5-$995), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
SPI Energy Max Pain By Expiry
Max pain for SPI shows a downward trend from 995 to 0.5, indicating bearish sentiment or hedging activity. The 274% spread signals divergent expectations across timeframes. Levels distributed around 0.77. 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 | 0.5 | -0.27 (-34.73%) |
| Jan 16, 2026 | 995 | 994.23 (129795.56%) |
| Jun 18, 2026 | 95 | 94.23 (12302.09%) |