Microchip Technology (MCHP)
Microchip Technology Max Pain By Strike
MCHP trades at $65.58, 2.5% above the near-term max pain of $64 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($50-$72.5), signaling increased put positioning or downside protection. Key magnetic zone at 60 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Microchip Technology Max Pain By Expiry
Max pain for MCHP shows a downward trend from 72.5 to 50, indicating bearish sentiment or hedging activity. The 37% spread signals divergent expectations across timeframes. Most levels below 65.58 may cap rallies. Strong magnetic level at 60 (5 expirations). 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 | 64 | -1.58 (-2.41%) |
| Aug 29, 2025 | 62 | -3.58 (-5.46%) |
| Sep 5, 2025 | 55 | -10.58 (-16.13%) |
| Sep 12, 2025 | 64 | -1.58 (-2.41%) |
| Sep 19, 2025 | 62.5 | -3.08 (-4.70%) |
| Sep 26, 2025 | 60 | -5.58 (-8.51%) |
| Oct 17, 2025 | 60 | -5.58 (-8.51%) |
| Nov 21, 2025 | 67.5 | 1.92 (2.93%) |
| Dec 19, 2025 | 72.5 | 6.92 (10.55%) |
| Jan 16, 2026 | 60 | -5.58 (-8.51%) |
| Mar 20, 2026 | 50 | -15.58 (-23.76%) |
| Apr 17, 2026 | 60 | -5.58 (-8.51%) |
| Jun 18, 2026 | 60 | -5.58 (-8.51%) |
| Sep 18, 2026 | 67.5 | 1.92 (2.93%) |
| Jan 15, 2027 | 57.5 | -8.08 (-12.32%) |