(SPYD)
Max Pain By Strike
SPYD trades at $44.41, 3.3% above the near-term max pain of $43 expiring Sep 19, 2025 (9 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($8-$43), reflecting growing call interest at higher strikes. Key magnetic zone at 42 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SPYD shows an upward trend from 8 to 43, suggesting bullish positioning in longer-dated options. The 99% spread signals divergent expectations across timeframes. Most levels below 44.41 may cap rallies. Strong magnetic level at 42 (3 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 | 43 | -1.41 (-3.16%) |
| Oct 17, 2025 | 42 | -2.41 (-5.42%) |
| Dec 19, 2025 | 42 | -2.41 (-5.42%) |
| Jan 16, 2026 | 8 | -36.41 (-81.98%) |
| Mar 20, 2026 | 42 | -2.41 (-5.42%) |