(SPTM)
Max Pain By Strike
SPTM trades at $78.94, 5.3% above the near-term max pain of $75 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($45-$76), reflecting growing call interest at higher strikes.
Max Pain By Expiry
Max pain for SPTM shows an upward trend from 45 to 76, suggesting bullish positioning in longer-dated options. The 47% spread signals divergent expectations across timeframes. Most levels below 78.94 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 | 75 | -3.94 (-4.99%) |
| Oct 17, 2025 | 76 | -2.94 (-3.72%) |
| Dec 19, 2025 | 70 | -8.94 (-11.32%) |
| Mar 20, 2026 | 45 | -33.94 (-42.99%) |