SPDR Portfolio Short Term... (SPSB)
SPDR Portfolio Short Term Corporate Bond ETF Max Pain By Strike
SPSB trades at $30.23, 20.9% above the near-term max pain of $25 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$29), signaling increased put positioning or downside protection. Key magnetic zone at 25 where 2 expirations converge.
SPDR Portfolio Short Term Corporate Bond ETF Max Pain By Expiry
Max pain for SPSB shows a downward trend from 29 to 25, indicating bearish sentiment or hedging activity. The 15% spread signals divergent expectations across timeframes. Most levels below 30.23 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 | 25 | -5.23 (-17.30%) |
| Oct 17, 2025 | 25 | -5.23 (-17.30%) |
| Nov 21, 2025 | 29 | -1.23 (-4.07%) |
| Feb 20, 2026 | 29 | -1.23 (-4.07%) |