This page reflects AGNC 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 — AGNC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $11.00 (0.08 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$11.00
Nearest expiry
Expected Move
±$0.19
±1.7%
Days to Expiry
3
Calendar days
Total Call OI
32,943
Nearest expiry
Total Put OI
63,851
Nearest expiry
P/C OI Ratio
1.94
Put-heavy
Spot Price
$10.92
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
$11.00
8/7/2026, 11:02:17 PM
2026-08-14
$10.50
8/14/2026, 11:02:03 PM
2026-08-21NextUpdated
$11.00
8/18/2026, 11:02:33 PM
2026-08-28
$10.50
8/18/2026, 11:02:33 PM
2026-09-04
$11.00
8/18/2026, 11:02:33 PM
2026-09-11
$11.00
8/18/2026, 11:02:33 PM
2026-09-18
$11.00
8/18/2026, 11:02:33 PM
2026-09-25
$12.50
8/18/2026, 11:02:33 PM
2026-10-02
$11.00
8/18/2026, 11:02:33 PM
2026-12-18
$10.00
8/18/2026, 11:02:33 PM
2027-01-15
$11.00
8/18/2026, 11:02:33 PM
2027-03-19
$10.00
8/18/2026, 11:02:33 PM
Selected expiration: 2026-08-21 at max pain $11.00.
AGNC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
45860150
45860150
4
15000
39475150
39490150
5
41300
33090150
33131450
5.5
58150
29899900
29958050
6
76100
26709800
26785900
6.5
97200
23520050
23617250
7
118350
20330350
20448700
7.5
139600
17140950
17280550
8
160950
13951550
14112500
8.5
182550
10762150
10944700
9
204250
7573000
7777250
9.5
230700
4393600
4624300
10
257200
1529500
1786700
10.5
388550
385850
774400
11
660300
29600
689900
11.5
1806850
18650
1825500
12
3274450
7900
3282350
12.5
4913400
5750
4919150
13
6552650
3750
6556400
13.5
8199450
2050
8201500
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.