Shell (SHEL)
Shell Max Pain By Strike
SHEL trades at $71.33, pinned near the near-term max pain of $72 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($62.5-$75), indicating stable market expectations. Key magnetic zone at 70 where 3 expirations converge.
Shell Max Pain By Expiry
Max pain for SHEL shows stable levels around 69.82, reflecting balanced market expectations. The 18% spread signals divergent expectations across timeframes. Levels distributed around 71.33. Strong magnetic level at 70 (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 |
|---|---|---|
| Aug 22, 2025 | 72 | 0.67 (0.95%) |
| Aug 29, 2025 | 72 | 0.67 (0.95%) |
| Sep 5, 2025 | 71 | -0.33 (-0.46%) |
| Sep 12, 2025 | 72 | 0.67 (0.95%) |
| Sep 19, 2025 | 72.5 | 1.17 (1.65%) |
| Sep 26, 2025 | 68 | -3.33 (-4.66%) |
| Oct 17, 2025 | 70 | -1.33 (-1.86%) |
| Jan 16, 2026 | 65 | -6.33 (-8.87%) |
| Mar 20, 2026 | 72.5 | 1.17 (1.65%) |
| Apr 17, 2026 | 75 | 3.67 (5.15%) |
| Jun 18, 2026 | 70 | -1.33 (-1.86%) |
| Sep 18, 2026 | 70 | -1.33 (-1.86%) |
| Dec 18, 2026 | 65 | -6.33 (-8.87%) |
| Jan 15, 2027 | 62.5 | -8.83 (-12.37%) |