(SPMD)
Max Pain By Strike
SPMD trades at $55.66, pinned near the near-term max pain of $56 expiring Sep 19, 2025 (33 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($48-$56), reflecting growing call interest at higher strikes.
Max Pain By Expiry
Max pain for SPMD shows an upward trend from 48 to 56, suggesting bullish positioning in longer-dated options. The 15% spread signals divergent expectations across timeframes. Most levels below 55.66 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 | 56 | 0.34 (0.62%) |
| Oct 17, 2025 | 51 | -4.66 (-8.36%) |
| Nov 21, 2025 | 55 | -0.66 (-1.18%) |
| Feb 20, 2026 | 48 | -7.66 (-13.75%) |