(SPXT)
Max Pain By Strike
SPXT trades at $98.71, 7.3% above the near-term max pain of $92 expiring Sep 19, 2025 (16 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($78-$95), 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 SPXT shows a downward trend from 95 to 78, indicating bearish sentiment or hedging activity. The 19% spread signals divergent expectations across timeframes. Most levels below 98.71 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 | 92 | -6.71 (-6.80%) |
| Oct 17, 2025 | 78 | -20.71 (-20.98%) |
| Jan 16, 2026 | 89 | -9.71 (-9.84%) |
| Apr 17, 2026 | 95 | -3.71 (-3.76%) |