Schwab International Divi... (SCHY)
Schwab International Dividend Equity ETF Max Pain By Strike
SCHY trades at $28.09, 17.0% above the near-term max pain of $24 expiring Sep 19, 2025 (22 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$95), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Schwab International Dividend Equity ETF Max Pain By Expiry
Max pain for SCHY shows a downward trend from 95 to 20, indicating bearish sentiment or hedging activity. The 203% spread signals divergent expectations across timeframes. Most levels below 28.09 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 | -4.09 (-14.58%) |
| Oct 17, 2025 | 23 | -5.09 (-18.13%) |
| Dec 19, 2025 | 23 | -5.09 (-18.13%) |
| Mar 20, 2026 | 20 | -8.09 (-28.81%) |
| Jun 18, 2026 | 95 | 66.91 (238.14%) |