(SPXT)
Max Pain By Strike
SPXT trades at $99.31, 7.9% above the near-term max pain of $92 expiring Sep 19, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($78-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SPXT shows a downward trend from 95 to 78, indicating bearish sentiment or hedging activity. The 19% spread signals divergent expectations across timeframes. Most levels below 99.31 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 | 92 | -7.31 (-7.37%) |
| Oct 17, 2025 | 78 | -21.31 (-21.46%) |
| Jan 16, 2026 | 89 | -10.31 (-10.39%) |
| Apr 17, 2026 | 95 | -4.31 (-4.34%) |