(GSG)
Max Pain By Strike
GSG trades at $22.77, pinned near the near-term max pain of $23 expiring Sep 19, 2025 (17 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($20-$23), indicating stable market expectations. Key magnetic zone at 22 where 2 expirations converge.
Max Pain By Expiry
Max pain for GSG shows stable levels around 21.75, reflecting balanced market expectations. The 14% spread signals divergent expectations across timeframes. Most levels below 22.77 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 | 23 | 0.23 (1.01%) |
| Oct 17, 2025 | 22 | -0.77 (-3.38%) |
| Jan 16, 2026 | 20 | -2.77 (-12.17%) |
| Apr 17, 2026 | 22 | -0.77 (-3.38%) |