Steel Dynamics Inc. (STLD)
Steel Dynamics Max Pain By Strike
STLD trades at $130.86, pinned near the near-term max pain of $130 expiring Sep 19, 2025 (14 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($95-$145), indicating stable market expectations. Key magnetic zone at 125 where 3 expirations converge.
Steel Dynamics Max Pain By Expiry
Max pain for STLD shows stable levels around 125.42, reflecting balanced market expectations. The 40% spread signals divergent expectations across timeframes. Most levels below 130.86 may cap rallies. Strong magnetic level at 125 (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 |
|---|---|---|
| Sep 19, 2025 | 130 | -0.86 (-0.66%) |
| Oct 17, 2025 | 130 | -0.86 (-0.66%) |
| Nov 21, 2025 | 130 | -0.86 (-0.66%) |
| Jan 16, 2026 | 125 | -5.86 (-4.48%) |
| Feb 20, 2026 | 125 | -5.86 (-4.48%) |
| Mar 20, 2026 | 140 | 9.14 (6.98%) |
| May 15, 2026 | 145 | 14.14 (10.81%) |
| Jun 18, 2026 | 140 | 9.14 (6.98%) |
| Jul 17, 2026 | 125 | -5.86 (-4.48%) |
| Sep 18, 2026 | 120 | -10.86 (-8.30%) |
| Jan 15, 2027 | 95 | -35.86 (-27.40%) |
| Jun 17, 2027 | 100 | -30.86 (-23.58%) |