CBOE: SMIN · Real-Time Price · USD
74.43
-0.33 (-0.44%)
At close: Aug 21, 2025, 3:00 PM

Max Pain By Strike

SMIN trades at $74.43, 3.4% above the near-term max pain of $72 expiring Sep 19, 2025 (28 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($67-$990), signaling increased put positioning or downside protection. Key magnetic zone at 70 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max Pain By Expiry

Max pain for SMIN shows a downward trend from 990 to 67, indicating bearish sentiment or hedging activity. The 414% spread signals divergent expectations across timeframes. Most levels below 74.43 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 72 -2.43 (-3.26%)
Oct 17, 2025 67 -7.43 (-9.98%)
Nov 21, 2025 68 -6.43 (-8.64%)
Jan 16, 2026 990 915.57 (1230.11%)
Feb 20, 2026 70 -4.43 (-5.95%)
Sep 18, 2026 70 -4.43 (-5.95%)