Schwab U.S. Large-Cap ETF (SCHX)
Schwab U.S. Large-Cap ETF Max Pain By Strike
SCHX trades at $25.23, 5.1% above the near-term max pain of $24 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($7.5-$25), reflecting growing call interest at higher strikes. High dispersion in max pain levels suggests competing forces and potential volatility.
Schwab U.S. Large-Cap ETF Max Pain By Expiry
Max pain for SCHX shows an upward trend from 7.5 to 25, suggesting bullish positioning in longer-dated options. The 86% spread signals divergent expectations across timeframes. Most levels below 25.23 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 | 24 | -1.23 (-4.86%) |
| Oct 17, 2025 | 23 | -2.23 (-8.82%) |
| Nov 21, 2025 | 22 | -3.23 (-12.78%) |
| Jan 16, 2026 | 7.5 | -17.73 (-70.27%) |
| Feb 20, 2026 | 25 | -0.23 (-0.89%) |