(SPTM)
Max Pain By Strike
SPTM trades at $77.5, 3.3% above the near-term max pain of $75 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($45-$75), reflecting growing call interest at higher strikes. Key magnetic zone at 75 where 2 expirations converge.
Max Pain By Expiry
Max pain for SPTM shows an upward trend from 45 to 75, suggesting bullish positioning in longer-dated options. The 45% spread signals divergent expectations across timeframes. Most levels below 77.5 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 | 75 | -2.50 (-3.23%) |
| Oct 17, 2025 | 75 | -2.50 (-3.23%) |
| Dec 19, 2025 | 70 | -7.50 (-9.68%) |
| Mar 20, 2026 | 45 | -32.50 (-41.94%) |