thetaOwl

SQM

Sociedad Quimica y Minera S.A.Close $81.38EOD only
Max Pain
$85.00
Next expiry Jun 18, 2026
Expected Move
±$12.10
14.9% from close
Price Gap
+3.62
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.41
Slightly call-heavy
Consensus
No reports available
Published snapshot: May 20, 2026 close
End-of-day snapshot

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

Published Snapshot
May 20, 2026 close
Max Pain — SQM
Data as of market close May 20, 2026

Nearest listed expiration 2026-06-18 shows max pain at $85.00 (3.62 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$12.10
±14.9%
Days to Expiry
29
Calendar days
Total Call OI
7,638
Nearest expiry
Total Put OI
1,787
Nearest expiry
P/C OI Ratio
0.23
Put-heavy
Spot Price
$81.38
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-06-18
ExpirationMax Pain StrikeLast Updated
2026-04-17$65.004/17/2026, 11:32:03 PM
2026-05-15$80.005/15/2026, 11:35:56 PM
2026-06-18NextUpdated$85.005/20/2026, 11:35:13 PM
2026-07-17$75.005/20/2026, 11:35:13 PM
2026-10-16$75.005/20/2026, 11:35:13 PM
2027-01-15$70.005/20/2026, 11:35:13 PM
Selected expiration: 2026-06-18 at max pain $85.00.
SQM pain by strike for 2026-06-18 expiration
StrikeCall PainPut PainTotal Pain
55054075005407500
60045290004529000
65036615003661500
70500028065002811500
751150019995002011000
77.51950016167501636250
802750012477501275250
82.51525009067501059250
85280000594750874750
87.519085003007502209250
90356500087503573750
92.5526975030005272750
9569922505006992750
97.587320002508732250
10010475750010475750
10514224750014224750
11018000250018000250
11521798250021798250
12025604750025604750
12529414750029414750
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.