thetaOwl

SMG

Scotts Miracle-Gro Company (TheClose $59.55EOD only
Max Pain
$70.00
Next expiry Aug 21, 2026
Expected Move
±$2.10
3.5% from close
Price Gap
+10.45
Distance to max pain
IV Rank
25
Low premium
P/C OI
0.58
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects SMG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 18, 2026 close
Max Pain — SMG
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $70.00 (10.45 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$2.10
±3.5%
Days to Expiry
3
Calendar days
Total Call OI
1,660
Nearest expiry
Total Put OI
1,186
Nearest expiry
P/C OI Ratio
0.71
Put-heavy
Spot Price
$59.55
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$60.006/18/2026, 11:32:05 PM
2026-07-17$65.007/17/2026, 11:37:17 PM
2026-08-21NextUpdated$70.008/18/2026, 11:39:14 PM
2026-09-18$67.508/18/2026, 11:39:14 PM
2026-12-18$60.008/18/2026, 11:39:14 PM
2027-01-15$60.008/18/2026, 11:39:14 PM
2027-03-19$62.508/18/2026, 11:39:14 PM
Selected expiration: 2026-08-21 at max pain $70.00.
SMG pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
40026487502648750
42.5023535002353500
45020595002059500
47.5017660001766000
50014762501476250
55010357501035750
57.5500835250835750
604750645750650500
62.511500480500492000
6535750333000368750
67.574250197750272000
7012425071750196000
72.53237506000329750
755732500573250
77.58650000865000
80116800001168000
82.5153175001531750
85189700001897000
90267350002673500
100432650004326500
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.