(SHY)
Max Pain By Strike
SHY trades at $82.85, pinned near the near-term max pain of $83 expiring Sep 19, 2025 (27 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($82-$83), indicating stable market expectations. Key magnetic zone at 83 where 3 expirations converge.
Max Pain By Expiry
Max pain for SHY shows stable levels around 82.60, reflecting balanced market expectations. The 1% spread suggests strong consensus on fair value. Levels distributed around 82.85. Strong magnetic level at 83 (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 |
|---|---|---|
| Sep 19, 2025 | 83 | 0.15 (0.18%) |
| Oct 17, 2025 | 83 | 0.15 (0.18%) |
| Dec 19, 2025 | 82 | -0.85 (-1.03%) |
| Jan 16, 2026 | 82 | -0.85 (-1.03%) |
| Mar 20, 2026 | 83 | 0.15 (0.18%) |