Stepan (SCL)
Stepan Max Pain By Strike
SCL trades at $49.14, pinned near the near-term max pain of $50 expiring Oct 17, 2025 (12 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($45-$95), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 3 expirations converge.
Stepan Max Pain By Expiry
Max pain for SCL shows a downward trend from 95 to 45, indicating bearish sentiment or hedging activity. The 86% spread signals divergent expectations across timeframes. Most levels above 49.14 could support dips. Strong magnetic level at 50 (3 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 |
|---|---|---|
| Oct 17, 2025 | 50 | n/a (n/a) |
| Nov 21, 2025 | 45 | n/a (n/a) |
| Dec 19, 2025 | 50 | n/a (n/a) |
| Jan 16, 2026 | 95 | n/a (n/a) |
| Mar 20, 2026 | 50 | n/a (n/a) |