Schwab 1000 Index ETF (SCHK)

SCHK trades at $32.45, 24.8% above the near-term max pain of $26 expiring Oct 17, 2025 (11 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($7.5-$29), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SCHK shows a downward trend from 29 to 7.5, indicating bearish sentiment or hedging activity. The 95% spread signals divergent expectations across timeframes. Most levels below 32.45 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.