SMX (Security Matters) Public LClose $7.76EOD only
Max Pain
$20.00
Next expiry Aug 21, 2026
Expected Move
±$7.55
97.3% from close
Price Gap
+12.24
Distance to max pain
IV Rank
20
Low premium
P/C OI
1.20
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 22, 2026 close
End-of-day snapshot
This page reflects SMX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 22, 2026 close
Max Pain — SMX
Data as of market close May 22, 2026
Nearest listed expiration 2026-08-21 shows max pain at $20.00 (12.24 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$7.55
±97.3%
Days to Expiry
91
Calendar days
Total Call OI
75
Nearest expiry
Total Put OI
90
Nearest expiry
P/C OI Ratio
1.20
Put-heavy
Spot Price
$7.76
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-05-15
$20.00
5/15/2026, 11:37:55 PM
2026-08-21NextUpdated
$20.00
5/22/2026, 11:29:28 PM
Selected expiration: 2026-08-21 at max pain $20.00.
SMX pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
125500
125500
7.5
2500
107500
110000
10
5000
89500
94500
12.5
11000
72000
83000
15
17250
54500
71750
17.5
24750
39750
64500
20
33500
27500
61000
22.5
43750
21750
65500
25
54250
16000
70250
30
76750
6000
82750
35
107250
0
107250
40
138750
0
138750
55
236250
0
236250
60
269250
0
269250
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.