This page reflects AEVA 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 — AEVA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $22.50 (1.47 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$22.50
Nearest expiry
Expected Move
±$1.67
±8.0%
Days to Expiry
3
Calendar days
Total Call OI
8,143
Nearest expiry
Total Put OI
7,928
Nearest expiry
P/C OI Ratio
0.97
Put-heavy
Spot Price
$21.03
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
$17.50
6/18/2026, 11:01:50 PM
2026-07-17
$17.50
7/17/2026, 11:02:23 PM
2026-08-21NextUpdated
$22.50
8/18/2026, 11:01:47 PM
2026-09-18
$25.00
8/18/2026, 11:01:47 PM
2026-10-16
$12.50
8/18/2026, 11:01:47 PM
2026-11-20
$25.00
8/18/2026, 11:01:47 PM
2026-12-18
$12.50
8/18/2026, 11:01:47 PM
2027-01-15
$17.50
8/18/2026, 11:01:47 PM
Selected expiration: 2026-08-21 at max pain $22.50.
AEVA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
11389250
11389250
7.5
1500
9408250
9409750
10
6000
7434750
7440750
12.5
12250
5512750
5525000
15
20250
3834250
3854500
17.5
68000
2370250
2438250
20
137000
1003500
1140500
22.5
462250
229000
691250
25
970500
40000
1010500
30
3050500
2500
3053000
35
6705000
0
6705000
40
10639000
0
10639000
45
14689500
0
14689500
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.