Simplify US Equity PLUS B... (SPBC)

SPBC trades at $42.91, 16.0% above the near-term max pain of $37 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($31-$95), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for SPBC shows a downward trend from 95 to 31, indicating bearish sentiment or hedging activity. The 136% spread signals divergent expectations across timeframes. Most levels below 42.91 may cap rallies. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.