(SSO)
Max Pain By Strike
SSO trades at $105.01, pinned near the near-term max pain of $103 expiring Aug 22, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($54-$107), reflecting growing call interest at higher strikes. Key magnetic zone at 105 where 3 expirations converge.
Max Pain By Expiry
Max pain for SSO shows an upward trend from 54 to 107, suggesting bullish positioning in longer-dated options. The 57% spread signals divergent expectations across timeframes. Most levels below 105.01 may cap rallies. Strong magnetic level at 105 (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 |
|---|---|---|
| Aug 22, 2025 | 103 | -2.01 (-1.91%) |
| Aug 29, 2025 | 100 | -5.01 (-4.77%) |
| Sep 5, 2025 | 107 | 1.99 (1.90%) |
| Sep 12, 2025 | 104.5 | -0.51 (-0.49%) |
| Sep 19, 2025 | 88 | -17.01 (-16.20%) |
| Sep 26, 2025 | 105 | -0.01 (-0.01%) |
| Oct 17, 2025 | 105 | -0.01 (-0.01%) |
| Dec 19, 2025 | 95 | -10.01 (-9.53%) |
| Jan 16, 2026 | 54 | -51.01 (-48.58%) |
| Mar 20, 2026 | 80 | -25.01 (-23.82%) |
| Jan 15, 2027 | 78 | -27.01 (-25.72%) |