Nearest listed expiration 2026-08-19 shows max pain at $495.00 (11.00 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$495.00
Nearest expiry
Expected Move
±$16.35
±3.2%
Days to Expiry
2
Calendar days
Total Call OI
9,967
Nearest expiry
Total Put OI
8,485
Nearest expiry
P/C OI Ratio
0.85
Put-heavy
Spot Price
$506.00
Published close
Consensus
7.5/10
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-19
Expiration
Max Pain Strike
Last Updated
2026-08-14
$480.00
8/14/2026, 11:03:44 PM
2026-08-17Updated
$497.50
8/17/2026, 11:03:58 PM
2026-08-19Next
$495.00
8/17/2026, 11:03:58 PM
2026-08-21
$430.00
8/17/2026, 11:03:58 PM
2026-08-24
$480.00
8/17/2026, 11:03:58 PM
2026-08-26
$500.00
8/17/2026, 11:03:58 PM
2026-08-28
$490.00
8/17/2026, 11:03:58 PM
2026-09-04
$485.00
8/17/2026, 11:03:58 PM
2026-09-11
$490.00
8/17/2026, 11:03:58 PM
2026-09-18
$360.00
8/17/2026, 11:03:58 PM
2026-09-25
$475.00
8/17/2026, 11:03:58 PM
2026-10-02
$475.00
8/17/2026, 11:03:58 PM
2026-10-16
$440.00
8/17/2026, 11:03:58 PM
2026-11-20
$320.00
8/17/2026, 11:03:58 PM
2026-12-18
$250.00
8/17/2026, 11:03:58 PM
2027-01-15
$250.00
8/17/2026, 11:03:58 PM
2027-02-19
$500.00
8/17/2026, 11:03:58 PM
2027-03-19
$400.00
8/17/2026, 11:03:58 PM
2027-06-17
$350.00
8/17/2026, 11:03:58 PM
Selected expiration: 2026-08-19 at max pain $495.00.
AMD pain by strike for 2026-08-19 expiration
Strike
Call Pain
Put Pain
Total Pain
290
0
134659000
134659000
300
1000
126237000
126238000
305
2000
122026500
122028500
310
3000
117817500
117820500
315
4500
113621000
113625500
320
6000
109426000
109432000
325
7500
105236000
105243500
330
9500
101056000
101065500
335
11500
96886000
96897500
340
13500
92724500
92738000
345
15500
88570000
88585500
350
17500
84428500
84446000
355
19500
80317000
80336500
360
22500
76208000
76230500
365
25500
72144000
72169500
370
28500
68124000
68152500
372.5
30500
66137750
66168250
375
34250
64174500
64208750
377.5
38500
62226500
62265000
380
42750
60288000
60330750
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.