This page reflects ACDC 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 — ACDC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $4.00 (1.09 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$4.00
Nearest expiry
Expected Move
±$0.40
±7.9%
Days to Expiry
3
Calendar days
Total Call OI
3,898
Nearest expiry
Total Put OI
238
Nearest expiry
P/C OI Ratio
0.06
Put-heavy
Spot Price
$5.09
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
$7.00
6/18/2026, 11:01:21 PM
2026-07-17
$3.00
7/17/2026, 11:01:10 PM
2026-08-21NextUpdated
$4.00
8/18/2026, 11:01:32 PM
2026-09-18
$5.00
8/18/2026, 11:01:32 PM
2026-11-20
$6.00
8/18/2026, 11:01:32 PM
2027-02-19
$5.00
8/18/2026, 11:01:32 PM
Selected expiration: 2026-08-21 at max pain $4.00.
ACDC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
87100
87100
2
300
63300
63600
3
800
39900
40700
4
7400
17200
24600
5
67700
6200
73900
6
142100
1800
143900
7
260600
1200
261800
8
462000
1000
463000
9
684000
800
684800
10
979300
600
979900
11
1369100
400
1369500
13
2148700
200
2148900
15
2928300
0
2928300
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.