(SHLD)
Max Pain By Strike
SHLD trades at $62.23, 3.7% above the near-term max pain of $60 expiring Sep 19, 2025 (20 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($35-$60), reflecting growing call interest at higher strikes. Key magnetic zone at 60 where 2 expirations converge.
Max Pain By Expiry
Max pain for SHLD shows an upward trend from 35 to 60, suggesting bullish positioning in longer-dated options. The 48% spread signals divergent expectations across timeframes. Most levels below 62.23 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 | 60 | -2.23 (-3.58%) |
| Oct 17, 2025 | 60 | -2.23 (-3.58%) |
| Dec 19, 2025 | 54 | -8.23 (-13.23%) |
| Mar 20, 2026 | 35 | -27.23 (-43.76%) |