(SPSB)
Max Pain By Strike
SPSB trades at $30.18, 20.7% above the near-term max pain of $25 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$29), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SPSB shows a downward trend from 29 to 25, indicating bearish sentiment or hedging activity. The 16% spread signals divergent expectations across timeframes. Most levels below 30.18 may cap rallies. Strong magnetic level at 25 (4 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 |
---|---|---|
Aug 15, 2025 | 25 | -5.18 (-17.15%) |
Sep 19, 2025 | 25 | -5.18 (-17.15%) |
Oct 17, 2025 | 25 | -5.18 (-17.15%) |
Nov 21, 2025 | 29 | -1.18 (-3.89%) |
Feb 20, 2026 | 25 | -5.18 (-17.15%) |