Synthetic Long Discount Alert: SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY $SMX trading at a 62.33% discount for the 20-Feb-2026 expiration

Quantchabot has detected a new Synthetic Long Stock trade opportunity for SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY (SMX) for the 20-Feb-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

SMX was recently trading at $43.00 and has an implied volatility of 1562.60% for this period. Based on an analysis of the options available for SMX expiring on 20-Feb-2026, there is a 71.33% likelihood that the underlying will close within the analyzed range of $14.49-$127.69 at expiration. In this scenario, the average linear return for the trade would be 389.76%.

Upside potential: This synthetic long position offers the same potential benefits and liabilities as a long stock position, but at a discount due to the significant premium at-the-money puts are trading at over calls. In this case, the put position is opened at a strike of $45.00, which is already $2.00 in-the-money. However, its sale more than offsets this moneyness and the cost of the long call that the trade results in a net credit of of $28.80 per share. The final position can be considered as having a discount of $26.80 per share over the underlying price of $43.00 for a 62.33% total.

Downside risk: This discount is generally a sign of the stock facing considerable short pressure, and may indicate that the stock has become hard to borrow. However, if you have a long view of the underlying over this period, it could be a good opportunity to benefit from the upside at a major discount.

To analyze this trade in depth, please visit the Quantcha Options Search Engine.