American Eagle Outfitters, Inc.Close $16.35EOD only
Max Pain
$16.00
Next expiry Aug 21, 2026
Expected Move
±$0.58
3.5% from close
Price Gap
-0.35
Distance to max pain
IV Rank
30
Middle-high premium
P/C OI
0.64
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects AEO 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 — AEO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $16.00 (0.35 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$0.58
±3.5%
Days to Expiry
3
Calendar days
Total Call OI
26,338
Nearest expiry
Total Put OI
8,966
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$16.35
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
2026-08-07
$17.00
8/7/2026, 11:01:45 PM
2026-08-14
$16.50
8/14/2026, 11:02:03 PM
2026-08-21NextUpdated
$16.00
8/18/2026, 11:02:06 PM
2026-08-28
$16.50
8/18/2026, 11:02:06 PM
2026-09-04
$5.00
8/18/2026, 11:02:06 PM
2026-09-11
$5.00
8/18/2026, 11:02:06 PM
2026-09-18
$15.00
8/18/2026, 11:02:06 PM
2026-09-25
$16.00
8/18/2026, 11:02:06 PM
2026-10-02
$19.50
8/18/2026, 11:02:06 PM
2026-11-20
$17.00
8/18/2026, 11:02:06 PM
2027-01-15
$15.00
8/18/2026, 11:02:06 PM
2027-02-19
$20.00
8/18/2026, 11:02:06 PM
Selected expiration: 2026-08-21 at max pain $16.00.
AEO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
10633150
10633150
4
4400
9738550
9742950
5
11300
8843950
8855250
6
22400
7949350
7971750
7
34400
7054750
7089150
8
47000
6160150
6207150
9
60100
5265550
5325650
10
74100
4435250
4509350
11
89400
3659150
3748550
11.5
97650
3302250
3399900
12
106050
2945350
3051400
12.5
114600
2596450
2711050
13
123250
2247550
2370800
13.5
133150
1905950
2039100
14
143250
1564400
1707650
14.5
153700
1242650
1396350
15
164650
927000
1091650
15.5
206300
703750
910050
16
249650
499750
749400
16.5
709050
357350
1066400
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.