E.W. Scripps (SSP)

SSP trades at $2.71, 35.5% above the near-term max pain of $2 expiring Oct 17, 2025 (19 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($1-$3), reflecting growing call interest at higher strikes. Key magnetic zone at 1 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SSP shows an upward trend from 1 to 3, suggesting bullish positioning in longer-dated options. The 103% spread signals divergent expectations across timeframes. Levels distributed around 2.71. Strong magnetic level at 1 (4 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.