CBOE: SECT · Real-Time Price · USD
60.27
0.99 (1.67%)
At close: Aug 22, 2025, 3:00 PM

Max Pain By Strike

SECT trades at $60.27, 40.2% above the near-term max pain of $43 expiring Sep 19, 2025 (26 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($43-$56), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for SECT shows a downward trend from 56 to 43, indicating bearish sentiment or hedging activity. The 26% spread signals divergent expectations across timeframes. Most levels below 60.27 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 43 -17.27 (-28.66%)
Oct 17, 2025 56 -4.27 (-7.09%)
Dec 19, 2025 44 -16.27 (-27.00%)
Mar 20, 2026 55 -5.27 (-8.75%)