(SSO)
Max Pain By Strike
SSO trades at $109.08, pinned near the near-term max pain of $108 expiring Sep 12, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($55-$108), indicating stable market expectations. Key magnetic zone at 104 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SSO shows stable levels around 95.77, reflecting balanced market expectations. The 55% spread signals divergent expectations across timeframes. Most levels below 109.08 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 12, 2025 | 108 | -1.08 (-0.99%) |
| Sep 19, 2025 | 96 | -13.08 (-11.99%) |
| Sep 26, 2025 | 104 | -5.08 (-4.65%) |
| Oct 3, 2025 | 103.5 | -5.58 (-5.11%) |
| Oct 10, 2025 | 106 | -3.08 (-2.82%) |
| Oct 17, 2025 | 103 | -6.08 (-5.57%) |
| Oct 24, 2025 | 102 | -7.08 (-6.49%) |
| Dec 19, 2025 | 100 | -9.08 (-8.32%) |
| Jan 16, 2026 | 55 | -54.08 (-49.58%) |
| Mar 20, 2026 | 98 | -11.08 (-10.15%) |
| Jan 15, 2027 | 78 | -31.08 (-28.49%) |