(SPXU)
Max Pain By Strike
SPXU trades at $14.26, pinned near the near-term max pain of $14.5 expiring Sep 12, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($10-$18), reflecting growing call interest at higher strikes. Key magnetic zone at 15 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SPXU shows an upward trend from 10 to 18, suggesting bullish positioning in longer-dated options. The 55% spread signals divergent expectations across timeframes. Levels distributed around 14.26. Strong magnetic level at 15 (5 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 12, 2025 | 14.5 | 0.24 (1.68%) |
| Sep 19, 2025 | 16 | 1.74 (12.20%) |
| Sep 26, 2025 | 15 | 0.74 (5.19%) |
| Oct 3, 2025 | 13 | -1.26 (-8.84%) |
| Oct 10, 2025 | 10 | -4.26 (-29.87%) |
| Oct 17, 2025 | 14 | -0.26 (-1.82%) |
| Oct 24, 2025 | 12 | -2.26 (-15.85%) |
| Dec 19, 2025 | 16 | 1.74 (12.20%) |
| Jan 16, 2026 | 16 | 1.74 (12.20%) |
| Mar 20, 2026 | 15 | 0.74 (5.19%) |
| Jan 15, 2027 | 18 | 3.74 (26.23%) |
| Apr 16, 2027 | 15 | 0.74 (5.19%) |
| May 21, 2027 | 15 | 0.74 (5.19%) |