CBOE: SVAL · Real-Time Price · USD
32.47
-0.32 (-0.98%)
At close: Aug 15, 2025, 2:58 PM

Max Pain By Strike

SVAL trades at $32.47, 20.3% above the near-term max pain of $27 expiring Sep 19, 2025 (32 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($23-$27), reflecting growing call interest at higher strikes. Key magnetic zone at 27 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for SVAL shows an upward trend from 23 to 27, suggesting bullish positioning in longer-dated options. The 16% spread signals divergent expectations across timeframes. Most levels below 32.47 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 19, 2025 27 -5.47 (-16.83%)
Oct 17, 2025 27 -5.47 (-16.83%)
Nov 21, 2025 23 -9.47 (-29.15%)
Feb 20, 2026 25 -7.47 (-22.99%)