(SMOT)
Max Pain By Strike
SMOT trades at $36.42, 13.8% above the near-term max pain of $32 expiring Sep 19, 2025 (24 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($25-$33), signaling increased put positioning or downside protection. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for SMOT shows a downward trend from 33 to 25, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Most levels below 36.42 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 | 32 | -4.42 (-12.15%) |
| Oct 17, 2025 | 25 | -11.42 (-31.37%) |
| Jan 16, 2026 | 30 | -6.42 (-17.64%) |
| Apr 17, 2026 | 33 | -3.42 (-9.40%) |