Tanger Inc. (SKT)
Tanger Max Pain By Strike
SKT trades at $32.84, 2.6% above the near-term max pain of $32 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($29-$95), signaling increased put positioning or downside protection. Key magnetic zone at 32 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Tanger Max Pain By Expiry
Max pain for SKT shows a downward trend from 95 to 29, indicating bearish sentiment or hedging activity. The 151% spread signals divergent expectations across timeframes. Most levels below 32.84 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 | 32 | -0.84 (-2.54%) |
| Oct 17, 2025 | 32 | -0.84 (-2.54%) |
| Dec 19, 2025 | 31 | -1.84 (-5.59%) |
| Jan 16, 2026 | 95 | 62.16 (189.33%) |
| Mar 20, 2026 | 29 | -3.84 (-11.68%) |