Simon Property Group Inc. (SPG)
Simon Property Max Pain By Strike
SPG trades at $174.76, 5.9% above the near-term max pain of $165 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($145-$170), reflecting growing call interest at higher strikes. Key magnetic zone at 150 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Simon Property Max Pain By Expiry
Max pain for SPG shows an upward trend from 145 to 170, suggesting bullish positioning in longer-dated options. The 16% spread signals divergent expectations across timeframes. Most levels below 174.76 may cap rallies. Strong magnetic level at 150 (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 | 165 | -9.76 (-5.58%) |
| Oct 17, 2025 | 170 | -4.76 (-2.72%) |
| Dec 19, 2025 | 145 | -29.76 (-17.03%) |
| Jan 16, 2026 | 150 | -24.76 (-14.17%) |
| Mar 20, 2026 | 170 | -4.76 (-2.72%) |
| Apr 17, 2026 | 150 | -24.76 (-14.17%) |
| Jun 18, 2026 | 165 | -9.76 (-5.58%) |
| Sep 18, 2026 | 160 | -14.76 (-8.45%) |
| Jan 15, 2027 | 150 | -24.76 (-14.17%) |