E.W. Scripps (SSP)
E.W. Scripps Max Pain By Strike
SSP trades at $2.92, 16.8% above the near-term max pain of $2.5 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($1-$2.5), indicating stable market expectations. Key magnetic zone at 1 where 8 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
E.W. Scripps Max Pain By Expiry
Max pain for SSP shows stable levels around 1.30, reflecting balanced market expectations. The 115% spread signals divergent expectations across timeframes. Most levels below 2.92 may cap rallies. Strong magnetic level at 1 (8 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 | 2.5 | -0.42 (-14.38%) |
| Oct 17, 2025 | 1 | -1.92 (-65.75%) |
| Nov 21, 2025 | 1 | -1.92 (-65.75%) |
| Dec 19, 2025 | 2.5 | -0.42 (-14.38%) |
| Jan 16, 2026 | 1 | -1.92 (-65.75%) |
| Feb 20, 2026 | 1 | -1.92 (-65.75%) |
| Mar 20, 2026 | 1 | -1.92 (-65.75%) |
| Aug 21, 2026 | 1 | -1.92 (-65.75%) |
| Oct 16, 2026 | 1 | -1.92 (-65.75%) |
| Dec 18, 2026 | 1 | -1.92 (-65.75%) |