Allison Transmission Holdings, Close $125.45EOD only
Max Pain
$115.00
Next expiry Aug 21, 2026
Expected Move
±$3.52
2.8% from close
Price Gap
-10.45
Distance to max pain
IV Rank
38
Middle-high premium
P/C OI
0.27
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects ALSN 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 — ALSN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $115.00 (10.45 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$115.00
Nearest expiry
Expected Move
±$3.52
±2.8%
Days to Expiry
3
Calendar days
Total Call OI
1,663
Nearest expiry
Total Put OI
271
Nearest expiry
P/C OI Ratio
0.16
Put-heavy
Spot Price
$125.45
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
$115.00
6/18/2026, 11:02:15 PM
2026-07-17
$120.00
7/17/2026, 11:02:42 PM
2026-08-21NextUpdated
$115.00
8/18/2026, 11:03:31 PM
2026-09-18
$115.00
8/18/2026, 11:03:31 PM
2026-11-20
$125.00
8/18/2026, 11:03:31 PM
2026-12-18
$110.00
8/18/2026, 11:03:31 PM
2027-02-19
$115.00
8/18/2026, 11:03:31 PM
Selected expiration: 2026-08-21 at max pain $115.00.
ALSN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
1057000
1057000
70
0
787000
787000
75
1500
662500
664000
80
4000
538000
542000
85
6500
417000
423500
90
9000
296000
305000
95
11500
188500
200000
100
14500
121500
136000
105
20500
80500
101000
110
28000
45500
73500
115
38500
24500
63000
120
353500
15500
369000
125
727000
11000
738000
130
1135000
10000
1145000
135
1671500
9000
1680500
140
2210500
8000
2218500
145
2921500
7000
2928500
150
3635000
6000
3641000
155
4416000
5000
4421000
160
5244500
4000
5248500
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.