SPDR Portfolio S&P 500 Gr... (SPYG)
SPDR Portfolio S&P 500 Growth ETF Max Pain By Strike
SPYG trades at $99.45, 11.7% above the near-term max pain of $89 expiring Sep 19, 2025 (24 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($86-$470), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
SPDR Portfolio S&P 500 Growth ETF Max Pain By Expiry
Max pain for SPYG shows a downward trend from 470 to 86, indicating bearish sentiment or hedging activity. The 230% spread signals divergent expectations across timeframes. Most levels below 99.45 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 | 89 | -10.45 (-10.51%) |
| Oct 17, 2025 | 99 | -0.45 (-0.45%) |
| Dec 19, 2025 | 86 | -13.45 (-13.52%) |
| Mar 20, 2026 | 90 | -9.45 (-9.50%) |
| Dec 18, 2026 | 470 | 370.55 (372.60%) |