Schwab U.S. Dividend Equi... (SCHD)
Schwab U.S. Dividend Equity ETF Max Pain By Strike
SCHD trades at $27.53, pinned near the near-term max pain of $27 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($7.5-$28), indicating stable market expectations. Key magnetic zone at 27 where 7 expirations converge.
Schwab U.S. Dividend Equity ETF Max Pain By Expiry
Max pain for SCHD shows stable levels around 24.91, reflecting balanced market expectations. The 82% spread signals divergent expectations across timeframes. Most levels below 27.53 may cap rallies. Strong magnetic level at 27 (7 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 22, 2025 | 27 | -0.53 (-1.92%) |
| Aug 29, 2025 | 27 | -0.53 (-1.92%) |
| Sep 5, 2025 | 27 | -0.53 (-1.92%) |
| Sep 12, 2025 | 26.5 | -1.03 (-3.73%) |
| Sep 19, 2025 | 27 | -0.53 (-1.92%) |
| Sep 26, 2025 | 27 | -0.53 (-1.92%) |
| Oct 17, 2025 | 27 | -0.53 (-1.92%) |
| Jan 16, 2026 | 26 | -1.53 (-5.55%) |
| Apr 17, 2026 | 28 | 0.47 (1.72%) |
| Jun 18, 2026 | 7.5 | -20.03 (-72.75%) |
| Jan 15, 2027 | 24 | -3.53 (-12.81%) |