ProShares - Ultra S&P500 (SSO)
ProShares - Ultra S&P500 Max Pain By Strike
SSO trades at $102.39, pinned near the near-term max pain of $103 expiring Aug 22, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($54-$107), reflecting growing call interest at higher strikes. Key magnetic zone at 105 where 2 expirations converge.
ProShares - Ultra S&P500 Max Pain By Expiry
Max pain for SSO shows an upward trend from 54 to 107, suggesting bullish positioning in longer-dated options. The 57% spread signals divergent expectations across timeframes. Levels distributed around 102.39. 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 |
|---|---|---|
| Aug 22, 2025 | 103 | 0.61 (0.60%) |
| Aug 29, 2025 | 100 | -2.39 (-2.33%) |
| Sep 5, 2025 | 107 | 4.61 (4.50%) |
| Sep 12, 2025 | 104.5 | 2.11 (2.06%) |
| Sep 19, 2025 | 90 | -12.39 (-12.10%) |
| Sep 26, 2025 | 105 | 2.61 (2.55%) |
| Oct 17, 2025 | 101 | -1.39 (-1.36%) |
| Dec 19, 2025 | 95 | -7.39 (-7.22%) |
| Jan 16, 2026 | 54 | -48.39 (-47.26%) |
| Mar 20, 2026 | 80 | -22.39 (-21.87%) |
| Jan 15, 2027 | 78 | -24.39 (-23.82%) |