This page reflects ABG options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — ABG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $200.00 (3.94 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$200.00
Nearest expiry
Expected Move
±$7.60
±3.7%
Days to Expiry
3
Calendar days
Total Call OI
6,481
Nearest expiry
Total Put OI
805
Nearest expiry
P/C OI Ratio
0.12
Put-heavy
Spot Price
$203.94
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
2026-06-18
$180.00
6/18/2026, 11:01:21 PM
2026-07-17
$190.00
7/17/2026, 11:01:15 PM
2026-08-21NextUpdated
$200.00
8/18/2026, 11:01:04 PM
2026-09-18
$260.00
8/18/2026, 11:01:04 PM
2026-10-16
$180.00
8/18/2026, 11:01:04 PM
2027-01-15
$200.00
8/18/2026, 11:01:04 PM
Selected expiration: 2026-08-21 at max pain $200.00.
ABG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
180
0
2039500
2039500
185
0
1637500
1637500
190
0
1236500
1236500
195
0
836000
836000
200
0
438000
438000
210
2208000
213000
2421000
220
4556000
5000
4561000
230
7708000
2000
7710000
240
13244000
1000
13245000
250
18807000
0
18807000
260
25181000
0
25181000
270
31569000
0
31569000
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.