AMEX: SPTS · Real-Time Price · USD
29.23
0.01 (0.03%)
At close: Aug 19, 2025, 3:59 PM
29.24
0.02%
After-hours: Aug 19, 2025, 04:10 PM EDT

Max Pain By Strike

SPTS trades at $29.23, 21.8% above the near-term max pain of $24 expiring Sep 19, 2025 (31 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($24-$95), signaling increased put positioning or downside protection. Key magnetic zone at 24 where 4 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for SPTS shows a downward trend from 95 to 24, indicating bearish sentiment or hedging activity. The 186% spread signals divergent expectations across timeframes. Most levels below 29.23 may cap rallies. Strong magnetic level at 24 (4 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 24 -5.23 (-17.91%)
Oct 17, 2025 24 -5.23 (-17.91%)
Nov 21, 2025 24 -5.23 (-17.91%)
Jan 16, 2026 95 65.77 (224.95%)
Feb 20, 2026 24 -5.23 (-17.91%)