(SPYV)
Max Pain By Strike
SPYV trades at $54.66, 5.1% above the near-term max pain of $52 expiring Sep 19, 2025 (6 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($35-$54), reflecting growing call interest at higher strikes.
Max Pain By Expiry
Max pain for SPYV shows an upward trend from 35 to 54, suggesting bullish positioning in longer-dated options. The 42% spread signals divergent expectations across timeframes. Most levels below 54.66 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 | 52 | -2.66 (-4.87%) |
| Oct 17, 2025 | 54 | -0.66 (-1.21%) |
| Dec 19, 2025 | 35 | -19.66 (-35.97%) |
| Mar 20, 2026 | 40 | -14.66 (-26.82%) |