SM · SM Energy Co

Track SM — free

$33.75 +1.33 (+4.10%) At close · Aug 14

Market Cap

$8.03B

237.85M

Options Chain

Underlying $33.75 · at close Aug 14, 2026 Options Calculator

Positioning

Aug 21, 2026 · 5 days to expiry · 40 contracts · mixed snapshot sessions · Mar 20, 2026–Aug 14, 2026; 6 unknown

Put / call OI

—

dated and unknown snapshot sessions

Open interest

—

dated and unknown snapshot sessions

Volume

—

dated and unknown snapshot sessions

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 5d Sep 18 33d Oct 16 61d Nov 20 96d Dec 18 124d Jan 15 152d Feb 19 187d Jan 21 523d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
0	89	1455.1%	0.99	$30.70		—	—	—	—	0
Call · $2.5 In the money Snapshot session Jun 5, 2026 Last $30.70 Breakeven $33.20 Implied vol 1455.1% Delta 0.99 ≈99% ITM Gamma 0 Theta -0.139 Vega 0.001 Open interest 0 Model this call Put · $2.5 Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
0	4	1025.2%	0.983	$28.03		—	—	—	—	0
Call · $5 In the money Snapshot session Jun 5, 2026 Last $28.03 Breakeven $33.03 Implied vol 1025.2% Delta 0.983 ≈98% ITM Gamma 0.001 Theta -0.158 Vega 0.002 Open interest 0 Model this call Put · $5 Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
2	2	834.2%	0.973	$23.20		—	—	—	—	0
Call · $7.5 In the money Snapshot session Aug 5, 2026 Last $23.20 Breakeven $30.70 Implied vol 834.2% Delta 0.973 ≈97% ITM Gamma 0.002 Theta -0.183 Vega 0.003 Open interest 2 Model this call Put · $7.5 Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
1	1	677.6%	0.966	$21.70		$0.36	—	—	1	12
Call · $10 In the money Snapshot session May 15, 2026 Last $21.70 Breakeven $31.70 Implied vol 677.6% Delta 0.966 ≈97% ITM Gamma 0.003 Theta -0.183 Vega 0.004 Open interest 1 Model this call Put · $10 Snapshot session Apr 23, 2026 Last $0.36 Breakeven $9.64 Implied vol — Delta — Gamma — Theta — Vega — Open interest 12 Model this put
1	1	560.1%	0.957	$17.60		$0.05	—	—	20	36
Call · $12.5 In the money Snapshot session Mar 20, 2026 Last $17.60 Breakeven $30.10 Implied vol 560.1% Delta 0.957 ≈96% ITM Gamma 0.004 Theta -0.18 Vega 0.004 Open interest 1 Model this call Put · $12.5 Snapshot session May 18, 2026 Last $0.05 Breakeven $12.45 Implied vol — Delta — Gamma — Theta — Vega — Open interest 36 Model this put
1.9k	1	476.6%	0.946	$14.95		$0.01	-0.027	368.5%	2	132
Call · $15 In the money Snapshot session Aug 5, 2026 Last $14.95 Breakeven $29.95 Implied vol 476.6% Delta 0.946 ≈95% ITM Gamma 0.005 Theta -0.186 Vega 0.005 Open interest 1.9k Model this call Put · $15 Snapshot session Aug 13, 2026 Last $0.01 Breakeven $14.99 Implied vol 368.5% Delta -0.027 ≈3% ITM Gamma 0.004 Theta -0.082 Vega 0.003 Open interest 132 Model this put
207	2	388.1%	0.937	$11.90		$0.03	-0.021	272.4%	10	770
Call · $17.5 In the money Snapshot session Jul 13, 2026 Last $11.90 Breakeven $29.40 Implied vol 388.1% Delta 0.937 ≈94% ITM Gamma 0.008 Theta -0.17 Vega 0.005 Open interest 207 Model this call Put · $17.5 Snapshot session Jul 27, 2026 Last $0.03 Breakeven $17.47 Implied vol 272.4% Delta -0.021 ≈2% ITM Gamma 0.004 Theta -0.049 Vega 0.003 Open interest 770 Model this put
267	2	321.2%	0.924	$12.10		$0.05	-0.021	209.4%	2	363
Call · $20 In the money Snapshot session Aug 11, 2026 Last $12.10 Breakeven $32.10 Implied vol 321.2% Delta 0.924 ≈92% ITM Gamma 0.011 Theta -0.163 Vega 0.006 Open interest 267 Model this call Put · $20 Snapshot session Jul 29, 2026 Last $0.05 Breakeven $19.95 Implied vol 209.4% Delta -0.021 ≈2% ITM Gamma 0.006 Theta -0.037 Vega 0.002 Open interest 363 Model this put
1.2k	68	288.7%	0.892	$11.20		$0.01	-0.05	201.9%	1	336
Call · $22.5 In the money Snapshot session Aug 14, 2026 Last $11.20 Breakeven $33.70 Implied vol 288.7% Delta 0.892 ≈89% ITM Gamma 0.015 Theta -0.192 Vega 0.009 Open interest 1.2k Model this call Put · $22.5 Snapshot session Aug 10, 2026 Last $0.01 Breakeven $22.49 Implied vol 201.9% Delta -0.05 ≈5% ITM Gamma 0.012 Theta -0.075 Vega 0.004 Open interest 336 Model this put
610	10	172%	0.917	$7.08		$0.04	-0.068	159.1%	9	2k
Call · $25 In the money Snapshot session Aug 13, 2026 Last $7.08 Breakeven $32.08 Implied vol 172% Delta 0.917 ≈92% ITM Gamma 0.021 Theta -0.094 Vega 0.006 Open interest 610 Model this call Put · $25 Snapshot session Aug 13, 2026 Last $0.04 Breakeven $24.96 Implied vol 159.1% Delta -0.068 ≈7% ITM Gamma 0.02 Theta -0.075 Vega 0.006 Open interest 2k Model this put
675	12	182.9%	0.819	$4.60		$0.05	-0.045	88.9%	329	1.6k
Call · $27.5 In the money Snapshot session Aug 13, 2026 Last $4.60 Breakeven $32.10 Implied vol 182.9% Delta 0.819 ≈82% ITM Gamma 0.034 Theta -0.173 Vega 0.01 Open interest 675 Model this call Put · $27.5 Snapshot session Aug 14, 2026 Last $0.05 Breakeven $27.45 Implied vol 88.9% Delta -0.045 ≈5% ITM Gamma 0.025 Theta -0.03 Vega 0.004 Open interest 1.6k Model this put
2.2k	116	108.1%	0.784	$3.91		$0.08	-0.071	54%	19	957
Call · $30 In the money Snapshot session Aug 14, 2026 Last $3.91 Breakeven $33.91 Implied vol 108.1% Delta 0.784 ≈78% ITM Gamma 0.065 Theta -0.115 Vega 0.014 Open interest 2.2k Model this call Put · $30 Snapshot session Aug 14, 2026 Last $0.08 Breakeven $29.92 Implied vol 54% Delta -0.071 ≈7% ITM Gamma 0.06 Theta -0.026 Vega 0.007 Open interest 957 Model this put
2.4k	312	72.8%	0.595	$1.55		$0.41	-0.353	40.9%	15	851
Call · $32.5 In the money Snapshot session Aug 14, 2026 Last $1.55 Breakeven $34.05 Implied vol 72.8% Delta 0.595 ≈60% ITM Gamma 0.127 Theta -0.101 Vega 0.017 Open interest 2.4k Model this call Put · $32.5 Snapshot session Aug 14, 2026 Last $0.41 Breakeven $32.09 Implied vol 40.9% Delta -0.353 ≈35% ITM Gamma 0.219 Theta -0.055 Vega 0.017 Open interest 851 Model this put
Underlying $33.75
2.6k	1k	63.4%	0.256	$0.37		$1.50	—	—	3	84
Call · $35 Snapshot session Aug 14, 2026 Last $0.37 Breakeven $35.37 Implied vol 63.4% Delta 0.256 ≈26% ITM Gamma 0.122 Theta -0.074 Vega 0.015 Open interest 2.6k Model this call Put · $35 In the money Snapshot session Aug 14, 2026 Last $1.50 Breakeven $33.50 Implied vol — Delta — Gamma — Theta — Vega — Open interest 84 Model this put
1k	21	71.1%	0.091	$0.10		$8.60	—	—	1	7
Call · $37.5 Snapshot session Aug 14, 2026 Last $0.10 Breakeven $37.60 Implied vol 71.1% Delta 0.091 ≈9% ITM Gamma 0.055 Theta -0.041 Vega 0.008 Open interest 1k Model this call Put · $37.5 In the money Snapshot session Jul 8, 2026 Last $8.60 Breakeven $28.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 7 Model this put
4.1k	30	87.2%	0.049	$0.05		$9.40	—	—	6	0
Call · $40 Snapshot session Aug 14, 2026 Last $0.05 Breakeven $40.05 Implied vol 87.2% Delta 0.049 ≈5% ITM Gamma 0.028 Theta -0.032 Vega 0.005 Open interest 4.1k Model this call Put · $40 In the money Snapshot session Jul 27, 2026 Last $9.40 Breakeven $30.60 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
587	1	114.7%	0.051	$0.05		—	—	—	—	0
Call · $42.5 Snapshot session Aug 5, 2026 Last $0.05 Breakeven $42.55 Implied vol 114.7% Delta 0.051 ≈5% ITM Gamma 0.021 Theta -0.042 Vega 0.005 Open interest 587 Model this call Put · $42.5 In the money Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
6.9k	2	179.4%	0.11	$0.04		—	—	—	—	0
Call · $45 Snapshot session Aug 11, 2026 Last $0.04 Breakeven $45.04 Implied vol 179.4% Delta 0.11 ≈11% ITM Gamma 0.025 Theta -0.12 Vega 0.009 Open interest 6.9k Model this call Put · $45 In the money Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
63	1	202.3%	0.101	$0.06		$17.60	—	—	17	0
Call · $47.5 Snapshot session Jul 7, 2026 Last $0.06 Breakeven $47.56 Implied vol 202.3% Delta 0.101 ≈10% ITM Gamma 0.021 Theta -0.127 Vega 0.009 Open interest 63 Model this call Put · $47.5 In the money Snapshot session Apr 2, 2026 Last $17.60 Breakeven $29.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put
36	15	232.3%	0.106	$0.07		—	—	—	—	0
Call · $50 Snapshot session Jul 23, 2026 Last $0.07 Breakeven $50.07 Implied vol 232.3% Delta 0.106 ≈11% ITM Gamma 0.019 Theta -0.151 Vega 0.009 Open interest 36 Model this call Put · $50 In the money Snapshot session Unknown Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this put

About this data

Each contract's last price, volume, greeks, implied volatility and open interest belongs to the snapshot session shown in its details; unknown means the provider omitted the timestamp. This chain has mixed snapshot sessions · Mar 20, 2026–Aug 14, 2026; 6 unknown. Cross-contract positioning totals are shown only when every returned row has the same known session. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown.

Key facts CIK 893538 CUSIP 78454L100 13F (30d) 465 filings 443 filers Visit website Investor relations