AMEX: SCHY · Real-Time Price · USD
28.61
0.25 (0.90%)
At close: Aug 22, 2025, 3:59 PM
28.75
0.51%
After-hours: Aug 22, 2025, 07:31 PM EDT

Max Pain By Strike

SCHY trades at $28.61, 19.2% above the near-term max pain of $24 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($20-$95), signaling increased put positioning or downside protection. Key magnetic zone at 23 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for SCHY shows a downward trend from 95 to 20, indicating bearish sentiment or hedging activity. The 203% spread signals divergent expectations across timeframes. Most levels below 28.61 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 24 -4.61 (-16.10%)
Oct 17, 2025 23 -5.61 (-19.59%)
Dec 19, 2025 23 -5.61 (-19.59%)
Mar 20, 2026 20 -8.61 (-30.08%)
Jun 18, 2026 95 66.39 (232.11%)