Shell (SHEL)
Shell Max Pain By Strike
SHEL trades at $73.22, pinned near the near-term max pain of $73 expiring Oct 10, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($40-$73), reflecting growing call interest at higher strikes. Key magnetic zone at 73 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Shell Max Pain By Expiry
Max pain for SHEL shows an upward trend from 40 to 73, suggesting bullish positioning in longer-dated options. The 50% spread signals divergent expectations across timeframes. Most levels below 73.22 may cap rallies. Strong magnetic level at 73 (4 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 10, 2025 | 73 | n/a (n/a) |
| Oct 17, 2025 | 71 | n/a (n/a) |
| Oct 24, 2025 | 73 | n/a (n/a) |
| Oct 31, 2025 | 70 | n/a (n/a) |
| Nov 7, 2025 | 72 | n/a (n/a) |
| Nov 14, 2025 | 40 | n/a (n/a) |
| Nov 21, 2025 | 72.5 | n/a (n/a) |
| Jan 16, 2026 | 67.5 | n/a (n/a) |
| Mar 20, 2026 | 65 | n/a (n/a) |
| Apr 17, 2026 | 67.5 | n/a (n/a) |
| Jun 18, 2026 | 72.5 | n/a (n/a) |
| Sep 18, 2026 | 67.5 | n/a (n/a) |
| Dec 18, 2026 | 60 | n/a (n/a) |
| Jan 15, 2027 | 60 | n/a (n/a) |
| Jan 21, 2028 | 60 | n/a (n/a) |