(SYLD)

SYLD trades at $67.39, 10.5% above the near-term max pain of $61 expiring Sep 19, 2025 (34 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($60-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 61 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SYLD shows a downward trend from 97.5 to 60, indicating bearish sentiment or hedging activity. The 55% spread signals divergent expectations across timeframes. Most levels below 67.39 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.