Apr. 27 at 2:10 PM
$SE (Max Pain
$86 | Price
$85) — May 1 expiry:
75k calls at
$125, and price is only
$1 from the pin. Both sides are in play here.
Puts carry weight from
$50 to
$78, but thin out fast. By
$84, downside support is almost gone. Calls grind slowly at
$88, pick up through
$100, and get steep from
$108 to
$125.
Price is just under max pain with 5 days left. Break
$86, and the focus shifts to
$108, where momentum really kicks in. If it pulls back through
$84, real put support doesn’t show up until
$78.
🎯 Pin setup.
$86 is key.
$108 is where it gets serious.
$125 is the ceiling at 75k.