This page reflects AMP 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 — AMP
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $530.00 (32.12 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$530.00
Nearest expiry
Expected Move
±$9.70
±1.7%
Days to Expiry
3
Calendar days
Total Call OI
556
Nearest expiry
Total Put OI
572
Nearest expiry
P/C OI Ratio
1.03
Put-heavy
Spot Price
$562.12
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
$460.00
6/18/2026, 11:02:45 PM
2026-07-17
$480.00
7/17/2026, 11:03:44 PM
2026-08-21NextUpdated
$530.00
8/18/2026, 11:02:45 PM
2026-09-18
$510.00
8/18/2026, 11:02:45 PM
2026-11-20
$420.00
8/18/2026, 11:02:45 PM
2026-12-18
$500.00
8/18/2026, 11:02:45 PM
2027-03-19
$390.00
8/18/2026, 11:02:45 PM
Selected expiration: 2026-08-21 at max pain $530.00.
AMP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
330
0
10731000
10731000
370
0
8451000
8451000
400
0
6744000
6744000
410
0
6183000
6183000
420
0
5625000
5625000
430
0
5071000
5071000
440
1000
4521000
4522000
450
2000
3991000
3993000
460
3000
3465000
3468000
470
5000
2953000
2958000
480
7000
2447000
2454000
490
34000
1941000
1975000
500
64000
1457000
1521000
510
100000
975000
1075000
520
150000
537000
687000
530
253000
316000
569000
540
459000
183000
642000
550
755000
63000
818000
560
1123000
24000
1147000
570
1591000
0
1591000
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.