(SMOT)
Max Pain By Strike
SMOT trades at $36.8, 15.0% above the near-term max pain of $32 expiring Sep 19, 2025 (7 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 36.8 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 | -4.80 (-13.04%) |
| Oct 17, 2025 | 25 | -11.80 (-32.07%) |
| Jan 16, 2026 | 30 | -6.80 (-18.48%) |
| Apr 17, 2026 | 33 | -3.80 (-10.33%) |