This page reflects SMTC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — SMTC
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $182.50 (12.38 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$182.50
Nearest expiry
Expected Move
±$11.00
±5.6%
Days to Expiry
7
Calendar days
Total Call OI
651
Nearest expiry
Total Put OI
598
Nearest expiry
P/C OI Ratio
0.92
Put-heavy
Spot Price
$194.88
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-18
$130.00
9/18/2026, 11:31:19 PM
2026-10-02Updated
$177.50
10/2/2026, 11:25:52 PM
2026-10-09Next
$182.50
10/2/2026, 11:25:52 PM
2026-10-16
$150.00
10/2/2026, 11:25:52 PM
2026-10-23
$190.00
10/2/2026, 11:25:52 PM
2026-10-30
$185.00
10/2/2026, 11:25:52 PM
2026-11-06
$180.00
10/2/2026, 11:25:52 PM
2026-11-20
$130.00
10/2/2026, 11:25:52 PM
2026-12-18
$90.00
10/2/2026, 11:25:52 PM
2027-01-15
$95.00
10/2/2026, 11:25:52 PM
2027-03-19
$130.00
10/2/2026, 11:25:52 PM
Selected expiration: 2026-10-09 at max pain $182.50.
SMTC pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
2790750
2790750
135
0
2238250
2238250
140
0
1890750
1890750
145
500
1543750
1544250
146
600
1474450
1475050
150
1000
1275250
1276250
152.5
1250
1159500
1160750
155
1500
1044750
1046250
157.5
1750
932250
934000
162.5
2250
710750
713000
165
2500
602250
604750
167.5
2750
523000
525750
170
3000
445250
448250
172.5
3250
375750
379000
175
4500
307500
312000
177.5
6750
240250
247000
180
10250
176250
186500
182.5
16000
114000
130000
185
28000
57000
85000
187.5
57500
41500
99000
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.