This page reflects SMTC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — SMTC
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $150.00 (14.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$150.00
Nearest expiry
Expected Move
±$21.45
±15.9%
Days to Expiry
15
Calendar days
Total Call OI
10,112
Nearest expiry
Total Put OI
3,886
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$135.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$90.00
5/15/2026, 11:37:07 PM
2026-06-18
$125.00
6/18/2026, 11:26:43 PM
2026-07-17NextUpdated
$150.00
7/3/2026, 11:26:52 PM
2026-08-21
$155.00
7/3/2026, 11:26:52 PM
2026-09-18
$120.00
7/3/2026, 11:26:52 PM
2026-10-16
$135.00
7/3/2026, 11:26:52 PM
2026-11-20
$160.00
7/3/2026, 11:26:52 PM
2026-12-18
$50.00
7/3/2026, 11:26:52 PM
2027-01-15
$70.00
7/3/2026, 11:26:52 PM
Selected expiration: 2026-07-17 at max pain $150.00.
SMTC pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
22810000
22810000
75
1000
20872000
20873000
80
4500
18935000
18939500
85
10000
17307500
17317500
90
17500
15694000
15711500
95
27000
14090500
14117500
100
36500
12513000
12549500
105
49000
10946500
10995500
110
63500
9386000
9449500
115
78500
7921000
7999500
120
95500
6728000
6823500
125
114500
5646500
5761000
130
134000
4614000
4748000
135
158000
3673000
3831000
140
200500
2786500
2987000
145
275500
2116000
2391500
150
556000
1523500
2079500
155
1085000
1040000
2125000
160
1720500
662000
2382500
165
2552500
446500
2999000
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.