(SPTS) Options Max Pain Analysis | Strike Price Pressure & Sentiment - Stocknear

AMEX: SPTS · Real-Time Price · USD
29.30
-0.02 (-0.07%)
At close: Sep 09, 2025, 3:59 PM
29.23
-0.24%
After-hours: Sep 09, 2025, 05:41 PM EDT

Max Pain By Strike

SPTS trades at $29.3, 22.1% above the near-term max pain of $24 expiring Sep 19, 2025 (9 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($24-$95), signaling increased put positioning or downside protection. Key magnetic zone at 24 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for SPTS shows a downward trend from 95 to 24, indicating bearish sentiment or hedging activity. The 186% spread signals divergent expectations across timeframes. Most levels below 29.3 may cap rallies. Strong magnetic level at 24 (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
Sep 19, 2025 24 -5.30 (-18.09%)
Oct 17, 2025 24 -5.30 (-18.09%)
Nov 21, 2025 24 -5.30 (-18.09%)
Jan 16, 2026 95 65.70 (224.23%)
Feb 20, 2026 24 -5.30 (-18.09%)