(SPMB)
Max Pain By Strike
SPMB trades at $22.2, 5.7% above the near-term max pain of $21 expiring Sep 19, 2025 (24 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($5-$21), reflecting growing call interest at higher strikes. Key magnetic zone at 17 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SPMB shows an upward trend from 5 to 21, suggesting bullish positioning in longer-dated options. The 99% spread signals divergent expectations across timeframes. Most levels below 22.2 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 | 21 | -1.20 (-5.38%) |
| Oct 17, 2025 | 21 | -1.20 (-5.38%) |
| Nov 21, 2025 | 17 | -5.20 (-23.41%) |
| Jan 16, 2026 | 5 | -17.20 (-77.47%) |
| Feb 20, 2026 | 17 | -5.20 (-23.41%) |