(SMLV)
Max Pain By Strike
SMLV trades at $132.22, pinned near the near-term max pain of $130 expiring Sep 19, 2025 (6 days). Price stability likely with balanced options positioning at this level. Max pain is falling across expirations ($105-$130), 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 SMLV shows a downward trend from 130 to 105, indicating bearish sentiment or hedging activity. The 21% spread signals divergent expectations across timeframes. Most levels below 132.22 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 | 130 | -2.22 (-1.68%) |
| Oct 17, 2025 | 105 | -27.22 (-20.59%) |
| Jan 16, 2026 | 117 | -15.22 (-11.51%) |
| Apr 17, 2026 | 120 | -12.22 (-9.25%) |