STERIS (STE)
STERIS Max Pain By Strike
STE trades at $246.92, 7.4% above the near-term max pain of $230 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7-$240), reflecting growing call interest at higher strikes. Key magnetic zone at 230 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
STERIS Max Pain By Expiry
Max pain for STE shows an upward trend from 7 to 240, suggesting bullish positioning in longer-dated options. The 129% spread signals divergent expectations across timeframes. Most levels below 246.92 may cap rallies. Strong magnetic level at 230 (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 15, 2025 | 230 | -16.92 (-6.85%) |
| Sep 19, 2025 | 230 | -16.92 (-6.85%) |
| Oct 17, 2025 | 150 | -96.92 (-39.25%) |
| Dec 19, 2025 | 240 | -6.92 (-2.80%) |
| Jan 16, 2026 | 7 | -239.92 (-97.17%) |
| Mar 20, 2026 | 230 | -16.92 (-6.85%) |