Stryker Corporation (SYK)
Stryker Max Pain By Strike
SYK trades at $381.68, 2.1% below the near-term max pain of $390 expiring Aug 15, 2025 (0 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($230-$410), signaling increased put positioning or downside protection. Key magnetic zone at 380 where 3 expirations converge.
Stryker Max Pain By Expiry
Max pain for SYK shows a downward trend from 410 to 230, indicating bearish sentiment or hedging activity. The 49% spread signals divergent expectations across timeframes. Levels distributed around 381.68. Strong magnetic level at 380 (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 | 390 | 8.32 (2.18%) |
| Sep 19, 2025 | 380 | -1.68 (-0.44%) |
| Oct 17, 2025 | 230 | -151.68 (-39.74%) |
| Dec 19, 2025 | 380 | -1.68 (-0.44%) |
| Jan 16, 2026 | 390 | 8.32 (2.18%) |
| Mar 20, 2026 | 380 | -1.68 (-0.44%) |
| Jun 18, 2026 | 410 | 28.32 (7.42%) |
| Sep 18, 2026 | 390 | 8.32 (2.18%) |
| Jan 15, 2027 | 370 | -11.68 (-3.06%) |