SPS Commerce Inc. (SPSC)
SPS Commerce Max Pain By Strike
SPSC trades at $113.9, 13.9% above the near-term max pain of $100 expiring Sep 19, 2025 (30 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($55-$110), reflecting growing call interest at higher strikes. Key magnetic zone at 110 where 2 expirations converge.
SPS Commerce Max Pain By Expiry
Max pain for SPSC shows an upward trend from 55 to 110, suggesting bullish positioning in longer-dated options. The 59% spread signals divergent expectations across timeframes. Most levels below 113.9 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 | 100 | -13.90 (-12.20%) |
| Oct 17, 2025 | 110 | -3.90 (-3.42%) |
| Jan 16, 2026 | 110 | -3.90 (-3.42%) |
| Apr 17, 2026 | 55 | -58.90 (-51.71%) |