(SPTS)
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%) |