Stepan (SCL)
Stepan Max Pain By Strike
SCL trades at $49.17, 10.6% below the near-term max pain of $55 expiring Sep 19, 2025 (30 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($45-$95), signaling increased put positioning or downside protection. Key magnetic zone at 45 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Stepan Max Pain By Expiry
Max pain for SCL shows a downward trend from 95 to 45, indicating bearish sentiment or hedging activity. The 85% spread signals divergent expectations across timeframes. Levels distributed around 49.17. 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 | 55 | 5.83 (11.86%) |
| Oct 17, 2025 | 45 | -4.17 (-8.48%) |
| Dec 19, 2025 | 55 | 5.83 (11.86%) |
| Jan 16, 2026 | 95 | 45.83 (93.21%) |
| Mar 20, 2026 | 45 | -4.17 (-8.48%) |