Southern (SO)
Southern Max Pain By Strike
SO trades at $94.5, pinned near the near-term max pain of $94 expiring Aug 29, 2025 (5 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($50-$95), reflecting growing call interest at higher strikes. Key magnetic zone at 85 where 3 expirations converge.
Southern Max Pain By Expiry
Max pain for SO shows an upward trend from 50 to 95, suggesting bullish positioning in longer-dated options. The 52% spread signals divergent expectations across timeframes. Most levels below 94.5 may cap rallies. Strong magnetic level at 85 (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 |
---|---|---|
Aug 29, 2025 | 94 | -0.50 (-0.53%) |
Sep 5, 2025 | 94 | -0.50 (-0.53%) |
Sep 12, 2025 | 92 | -2.50 (-2.65%) |
Sep 19, 2025 | 90 | -4.50 (-4.77%) |
Sep 26, 2025 | 93 | -1.50 (-1.59%) |
Oct 3, 2025 | 50 | -44.50 (-47.09%) |
Oct 17, 2025 | 95 | 0.50 (0.52%) |
Nov 21, 2025 | 92.5 | -2.00 (-2.12%) |
Dec 19, 2025 | 92.5 | -2.00 (-2.12%) |
Jan 16, 2026 | 85 | -9.50 (-10.06%) |
Feb 20, 2026 | 90 | -4.50 (-4.77%) |
Mar 20, 2026 | 90 | -4.50 (-4.77%) |
Jun 18, 2026 | 85 | -9.50 (-10.06%) |
Sep 18, 2026 | 85 | -9.50 (-10.06%) |
Jan 15, 2027 | 80 | -14.50 (-15.35%) |