This page reflects ABSI 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 — ABSI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $5.00 (3.85 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$5.00
Nearest expiry
Expected Move
±$0.75
±8.5%
Days to Expiry
3
Calendar days
Total Call OI
19,911
Nearest expiry
Total Put OI
4,950
Nearest expiry
P/C OI Ratio
0.25
Put-heavy
Spot Price
$8.85
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
$3.00
6/18/2026, 11:01:18 PM
2026-07-17
$3.00
7/17/2026, 11:01:24 PM
2026-08-21NextUpdated
$5.00
8/18/2026, 11:01:28 PM
2026-09-18
$9.00
8/18/2026, 11:01:28 PM
2026-11-20
$3.00
8/18/2026, 11:01:28 PM
2027-01-15
$5.00
8/18/2026, 11:01:28 PM
2027-02-19
$7.00
8/18/2026, 11:01:28 PM
Selected expiration: 2026-08-21 at max pain $5.00.
ABSI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
3260100
3260100
2
200
2765100
2765300
3
2600
2284600
2287200
4
217200
1830500
2047700
5
643700
1388600
2032300
6
1417200
1017600
2434800
7
2379200
663500
3042700
8
3546000
360900
3906900
9
4921900
203600
5125500
10
6410000
112500
6522500
11
8081200
56800
8138000
12
9872500
6400
9878900
13
11778400
0
11778400
14
13702500
0
13702500
15
15645900
0
15645900
16
17625800
0
17625800
17
19605800
0
19605800
18
21587200
0
21587200
20
25565200
0
25565200
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.