Steven Madden Ltd. (SHOO)
Steven Madden Max Pain By Strike
SHOO trades at $27, 20.0% above the near-term max pain of $22.5 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($12.5-$97.5), signaling increased put positioning or downside protection. Key magnetic zone at 13 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Steven Madden Max Pain By Expiry
Max pain for SHOO shows a downward trend from 97.5 to 12.5, indicating bearish sentiment or hedging activity. The 265% spread signals divergent expectations across timeframes. Most levels below 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 | 22.5 | -4.50 (-16.65%) |
| Oct 17, 2025 | 12.5 | -14.50 (-53.70%) |
| Dec 19, 2025 | 25 | -2.00 (-7.39%) |
| Jan 16, 2026 | 97.5 | 70.50 (261.18%) |
| Mar 20, 2026 | 22.5 | -4.50 (-16.65%) |
| Oct 16, 2026 | 12.5 | -14.50 (-53.70%) |