Spectrum Brands Inc. (SPB)
Spectrum Brands Max Pain By Strike
SPB trades at $56.25, 2.3% above the near-term max pain of $55 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($30-$60), reflecting growing call interest at higher strikes. Key magnetic zone at 55 where 2 expirations converge.
Spectrum Brands Max Pain By Expiry
Max pain for SPB shows an upward trend from 30 to 60, suggesting bullish positioning in longer-dated options. The 60% spread signals divergent expectations across timeframes. Most levels below 56.25 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 | 55 | -1.25 (-2.22%) |
| Oct 17, 2025 | 60 | 3.75 (6.67%) |
| Jan 16, 2026 | 55 | -1.25 (-2.22%) |
| Apr 17, 2026 | 30 | -26.25 (-46.67%) |