J. M. Smucker (SJM)
J. M. Smucker Max Pain By Strike
SJM trades at $112.11, pinned near the near-term max pain of $110 expiring Sep 19, 2025 (30 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($100-$115), signaling increased put positioning or downside protection. Key magnetic zone at 100 where 2 expirations converge.
J. M. Smucker Max Pain By Expiry
Max pain for SJM shows a downward trend from 115 to 100, indicating bearish sentiment or hedging activity. The 14% spread signals divergent expectations across timeframes. Levels distributed around 112.11. 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 | 110 | -2.11 (-1.88%) |
| Oct 17, 2025 | 100 | -12.11 (-10.80%) |
| Jan 16, 2026 | 105 | -7.11 (-6.34%) |
| Apr 17, 2026 | 115 | 2.89 (2.58%) |
| Jun 18, 2026 | 115 | 2.89 (2.58%) |
| Jan 15, 2027 | 100 | -12.11 (-10.80%) |