(SPLV)
Max Pain By Strike
SPLV trades at $73.38, pinned near the near-term max pain of $74 expiring Sep 19, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($73-$95), signaling increased put positioning or downside protection. Key magnetic zone at 73 where 2 expirations converge.
Max Pain By Expiry
Max pain for SPLV shows a downward trend from 95 to 73, indicating bearish sentiment or hedging activity. The 28% spread signals divergent expectations across timeframes. Levels distributed around 73.38. 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 | 74 | 0.63 (0.85%) |
| Oct 17, 2025 | 73 | -0.38 (-0.51%) |
| Dec 19, 2025 | 75 | 1.63 (2.21%) |
| Jan 16, 2026 | 95 | 21.63 (29.47%) |
| Mar 20, 2026 | 73 | -0.38 (-0.51%) |