Steel Dynamics Inc. (STLD)
Steel Dynamics Max Pain By Strike
STLD trades at $125.43, 3.5% below the near-term max pain of $130 expiring Sep 19, 2025 (29 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($95-$145), indicating stable market expectations. Key magnetic zone at 125 where 3 expirations converge.
Steel Dynamics Max Pain By Expiry
Max pain for STLD shows stable levels around 125.00, reflecting balanced market expectations. The 40% spread signals divergent expectations across timeframes. Levels distributed around 125.43. Strong magnetic level at 125 (3 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 | 130 | 4.57 (3.65%) |
| Oct 17, 2025 | 130 | 4.57 (3.65%) |
| Nov 21, 2025 | 130 | 4.57 (3.65%) |
| Jan 16, 2026 | 125 | -0.43 (-0.34%) |
| Feb 20, 2026 | 125 | -0.43 (-0.34%) |
| Mar 20, 2026 | 135 | 9.57 (7.63%) |
| May 15, 2026 | 145 | 19.57 (15.61%) |
| Jun 18, 2026 | 140 | 14.57 (11.62%) |
| Jul 17, 2026 | 125 | -0.43 (-0.34%) |
| Sep 18, 2026 | 120 | -5.43 (-4.33%) |
| Jan 15, 2027 | 95 | -30.43 (-24.26%) |
| Jun 17, 2027 | 100 | -25.43 (-20.27%) |