(UST)
Max Pain By Strike
UST trades at $43.69, pinned near the near-term max pain of $43 expiring Sep 19, 2025 (23 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($39-$43), signaling increased put positioning or downside protection.
Max Pain By Expiry
Max pain for UST shows a downward trend from 43 to 39, indicating bearish sentiment or hedging activity. The 10% spread suggests strong consensus on fair value. Most levels below 43.69 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 | 43 | -0.69 (-1.57%) |
| Oct 17, 2025 | 40 | -3.69 (-8.44%) |
| Nov 21, 2025 | 39 | -4.69 (-10.72%) |
| Feb 20, 2026 | 42 | -1.69 (-3.86%) |