This page reflects AGEN options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 20, 2026 close
Max Pain — AGEN
Data as of market close Aug 20, 2026
Nearest listed expiration 2026-08-21 shows max pain at $7.00 (0.49 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.53
±7.0%
Days to Expiry
1
Calendar days
Total Call OI
16,528
Nearest expiry
Total Put OI
9,085
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$7.49
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, 11:02:05 PM
2026-07-17
$6.00
7/17/2026, 11:02:07 PM
2026-08-21NextUpdated
$7.00
8/20/2026, 11:02:05 PM
2026-09-18
$8.00
8/20/2026, 11:02:05 PM
2026-11-20
$7.00
8/20/2026, 11:02:05 PM
2027-01-15
$5.00
8/20/2026, 11:02:05 PM
2027-02-19
$4.00
8/20/2026, 11:02:05 PM
Selected expiration: 2026-08-21 at max pain $7.00.
AGEN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
4697800
4697800
2
3400
3790900
3794300
3
6900
2884900
2891800
4
37800
2041400
2079200
5
78200
1258900
1337100
6
128100
516700
644800
7
258400
206800
465200
8
524400
1200
525600
9
2149100
0
2149100
10
3784800
0
3784800
11
5432700
0
5432700
12
7080600
0
7080600
14
10384400
0
10384400
15
12036400
0
12036400
16
13688500
0
13688500
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.