(SPLV)
Max Pain By Strike
SPLV trades at $73.49, 2.0% below the near-term max pain of $75 expiring Sep 19, 2025 (34 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($61-$95), signaling increased put positioning or downside protection. Key magnetic zone at 75 where 2 expirations converge.
Max Pain By Expiry
Max pain for SPLV shows a downward trend from 95 to 61, indicating bearish sentiment or hedging activity. The 45% spread signals divergent expectations across timeframes. Levels distributed around 73.49. 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 | 75 | 1.51 (2.05%) |
| Oct 17, 2025 | 61 | -12.49 (-17.00%) |
| Dec 19, 2025 | 75 | 1.51 (2.05%) |
| Jan 16, 2026 | 95 | 21.51 (29.27%) |
| Mar 20, 2026 | 73 | -0.49 (-0.67%) |