Suncor Energy Inc. (SU)
Suncor Energy Max Pain By Strike
SU trades at $38.52, pinned near the near-term max pain of $38.5 expiring Aug 22, 2025 (3 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($35-$41), reflecting growing call interest at higher strikes. Key magnetic zone at 39 where 6 expirations converge.
Suncor Energy Max Pain By Expiry
Max pain for SU shows an upward trend from 35 to 41, suggesting bullish positioning in longer-dated options. The 16% spread signals divergent expectations across timeframes. Levels distributed around 38.52. Strong magnetic level at 39 (6 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 | 38.5 | -0.02 (-0.05%) |
| Aug 29, 2025 | 41 | 2.48 (6.44%) |
| Sep 5, 2025 | 39 | 0.48 (1.25%) |
| Sep 12, 2025 | 39 | 0.48 (1.25%) |
| Sep 19, 2025 | 38 | -0.52 (-1.35%) |
| Sep 26, 2025 | 38 | -0.52 (-1.35%) |
| Oct 17, 2025 | 39 | 0.48 (1.25%) |
| Nov 21, 2025 | 39 | 0.48 (1.25%) |
| Dec 19, 2025 | 39 | 0.48 (1.25%) |
| Jan 16, 2026 | 40 | 1.48 (3.84%) |
| Mar 20, 2026 | 37 | -1.52 (-3.95%) |
| Jun 18, 2026 | 35 | -3.52 (-9.14%) |
| Sep 18, 2026 | 37 | -1.52 (-3.95%) |
| Jan 15, 2027 | 37 | -1.52 (-3.95%) |