Nearest listed expiration 2026-08-19 shows max pain at $262.50 (1.19 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$262.50
Nearest expiry
Expected Move
±$4.87
±1.9%
Days to Expiry
2
Calendar days
Total Call OI
17,449
Nearest expiry
Total Put OI
10,464
Nearest expiry
P/C OI Ratio
0.60
Put-heavy
Spot Price
$261.31
Published close
Consensus
8.5/10
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
$265.00
8/14/2026, 11:05:14 PM
2026-08-17Updated
$262.50
8/17/2026, 11:03:13 PM
2026-08-19Next
$262.50
8/17/2026, 11:03:13 PM
2026-08-21
$250.00
8/17/2026, 11:03:13 PM
2026-08-24
$265.00
8/17/2026, 11:03:13 PM
2026-08-26
$270.00
8/17/2026, 11:03:13 PM
2026-08-28
$265.00
8/17/2026, 11:03:13 PM
2026-09-04
$260.00
8/17/2026, 11:03:13 PM
2026-09-11
$270.00
8/17/2026, 11:03:13 PM
2026-09-18
$240.00
8/17/2026, 11:03:13 PM
2026-09-25
$260.00
8/17/2026, 11:03:13 PM
2026-10-02
$250.00
8/17/2026, 11:03:13 PM
2026-10-16
$250.00
8/17/2026, 11:03:13 PM
2026-11-20
$240.00
8/17/2026, 11:03:13 PM
2026-12-18
$225.00
8/17/2026, 11:03:13 PM
2027-01-15
$225.00
8/17/2026, 11:03:13 PM
2027-02-19
$255.00
8/17/2026, 11:03:13 PM
2027-03-19
$245.00
8/17/2026, 11:03:13 PM
2027-06-17
$225.00
8/17/2026, 11:03:13 PM
2027-07-16
$270.00
8/17/2026, 11:03:13 PM
Selected expiration: 2026-08-19 at max pain $262.50.
AMZN pain by strike for 2026-08-19 expiration
Strike
Call Pain
Put Pain
Total Pain
160
0
100785000
100785000
170
17000
90321000
90338000
175
29500
85089000
85118500
180
48500
79857000
79905500
185
74500
74625000
74699500
190
102500
69393000
69495500
200
193500
58929000
59122500
205
275000
53697000
53972000
210
406000
48465000
48871000
215
547000
43233500
43780500
220
724000
38003500
38727500
225
935500
32782500
33718000
230
1179000
27569500
28748500
235
1454500
22362000
23816500
237.5
1621750
19766500
21388250
240
1799500
17184500
18984000
242.5
2038250
14670500
16708750
245
2293000
12157750
14450750
247.5
2551250
9664250
12215500
250
2818250
7215250
10033500
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.