(SPVM)
Max Pain By Strike
SPVM trades at $64.53, 4.1% above the near-term max pain of $62 expiring Sep 19, 2025 (22 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($47-$470), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SPVM shows a downward trend from 470 to 47, indicating bearish sentiment or hedging activity. The 307% spread signals divergent expectations across timeframes. Most levels below 64.53 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 | 62 | -2.53 (-3.91%) |
| Oct 17, 2025 | 57 | -7.53 (-11.66%) |
| Nov 21, 2025 | 47 | -17.53 (-27.16%) |
| Feb 20, 2026 | 53 | -11.53 (-17.86%) |
| Dec 18, 2026 | 470 | 405.48 (628.40%) |