SCHG Max Pain
The max pain for Schwab U.S. Large-Cap Growth ETF (SCHG) options expiring Jan 15, 2027 (64 DTE) is $30.00.
SCHG Max Pain by Expiry
The Max Pain for all expiration dates of SCHG.
| Expiration | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Nov 20, 2026 8 DTE monthly | 35.00 | 1.02 (3.00%) |
| Dec 18, 2026 36 DTE monthly | 34.00 | 0.02 (0.06%) |
| Jan 15, 2027 64 DTE monthly | 30.00 | -3.98 (-11.71%) |
| Apr 16, 2027 155 DTE monthly | 25.00 | -8.98 (-26.43%) |
SCHG Max Pain FAQ
What is max pain?
Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.
What is SCHG max pain this week?
As of the Nov 11, 2026 close, max pain for SCHG options expiring Jan 15, 2027 is $30.00. The chart above shows the exact max pain for each expiration date.
Does SCHG trade above or below its max pain?
SCHG closed above its near-term max pain on 2 of the last 20 trading days. On Nov 11, 2026 it closed at $34.40, 2.1% below max pain of $35.14.
How has SCHG max pain changed recently?
Over the last 20 trading days, near-term max pain for SCHG ranged from $33.51 to $37.43. It went from $33.51 on Oct 15, 2026 to $35.14 on Nov 11, 2026. See the SCHG max pain history for a longer view.