(SPXU)
Max Pain By Strike
SPXU trades at $15.4, 6.2% above the near-term max pain of $14.5 expiring Aug 22, 2025 (2 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is stable across expirations ($14-$20), indicating stable market expectations. Key magnetic zone at 15 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SPXU shows stable levels around 15.62, reflecting balanced market expectations. The 38% spread signals divergent expectations across timeframes. Levels distributed around 15.4. Strong magnetic level at 15 (5 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 |
|---|---|---|
| Aug 22, 2025 | 14.5 | -0.90 (-5.84%) |
| Aug 29, 2025 | 14.5 | -0.90 (-5.84%) |
| Sep 5, 2025 | 15.5 | 0.10 (0.65%) |
| Sep 12, 2025 | 14 | -1.40 (-9.09%) |
| Sep 19, 2025 | 16 | 0.60 (3.90%) |
| Sep 26, 2025 | 14.5 | -0.90 (-5.84%) |
| Oct 17, 2025 | 14 | -1.40 (-9.09%) |
| Dec 19, 2025 | 16 | 0.60 (3.90%) |
| Jan 16, 2026 | 16 | 0.60 (3.90%) |
| Mar 20, 2026 | 15 | -0.40 (-2.60%) |
| Jan 15, 2027 | 18 | 2.60 (16.88%) |
| Apr 16, 2027 | 15 | -0.40 (-2.60%) |
| May 21, 2027 | 20 | 4.60 (29.87%) |