(SSO)
Max Pain By Strike
SSO trades at $103.24, pinned near the near-term max pain of $103 expiring Aug 22, 2025 (1 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($54-$107), reflecting growing call interest at higher strikes. Key magnetic zone at 105 where 2 expirations converge.
Max Pain By Expiry
Max pain for SSO shows an upward trend from 54 to 107, suggesting bullish positioning in longer-dated options. The 57% spread signals divergent expectations across timeframes. Most levels below 103.24 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 |
|---|---|---|
| Aug 22, 2025 | 103 | -0.24 (-0.23%) |
| Aug 29, 2025 | 100 | -3.24 (-3.14%) |
| Sep 5, 2025 | 107 | 3.76 (3.64%) |
| Sep 12, 2025 | 104.5 | 1.26 (1.22%) |
| Sep 19, 2025 | 90 | -13.24 (-12.82%) |
| Sep 26, 2025 | 105 | 1.76 (1.70%) |
| Oct 17, 2025 | 101 | -2.24 (-2.17%) |
| Dec 19, 2025 | 95 | -8.24 (-7.98%) |
| Jan 16, 2026 | 54 | -49.24 (-47.69%) |
| Mar 20, 2026 | 80 | -23.24 (-22.51%) |
| Jan 15, 2027 | 78 | -25.24 (-24.45%) |