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HomeOptionsAPPMax Pain

APP

Applovin CorporationClose $307.26EOD only
Max Pain
$332.50
Next expiry Aug 21, 2026
Expected Move
±$13.15
4.3% from close
Price Gap
+25.24
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.76
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects APP 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 — APP
Data as of market close Aug 18, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $332.50 (25.24 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$332.50
Nearest expiry
Expected Move
±$13.15
±4.3%
Days to Expiry
3
Calendar days
Total Call OI
43,043
Nearest expiry
Total Put OI
23,913
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$307.26
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$362.508/7/2026, 11:05:08 PM
2026-08-14$315.008/14/2026, 11:03:50 PM
2026-08-21NextUpdated$332.508/18/2026, 11:03:37 PM
2026-08-28$325.008/18/2026, 11:03:37 PM
2026-09-04$335.008/18/2026, 11:03:37 PM
2026-09-11$320.008/18/2026, 11:03:37 PM
2026-09-18$350.008/18/2026, 11:03:37 PM
2026-09-25$345.008/18/2026, 11:03:37 PM
2026-10-02$320.008/18/2026, 11:03:37 PM
2026-10-16$320.008/18/2026, 11:03:37 PM
2026-11-20$360.008/18/2026, 11:03:37 PM
2026-12-18$410.008/18/2026, 11:03:37 PM
2027-01-15$400.008/18/2026, 11:03:37 PM
2027-02-19$340.008/18/2026, 11:03:37 PM
2027-03-19$370.008/18/2026, 11:03:37 PM
2027-06-17$400.008/18/2026, 11:03:37 PM
Selected expiration: 2026-08-21 at max pain $332.50.
APP pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
1650335361750335361750
1850287537750287537750
1903000275599250275602250
1959000263689750263698750
20015000251780250251795250
21046000228137250228183250
21564500216331250216395750
22085500204525750204611250
230131500180977750181109250
240201500157514750157716250
245244500145825250146069750
250287500134137250134424750
255348500123484750123833250
260411000112842250113253250
265482000102256250102738250
2705530009182775092380750
2756390008199325082632250
2807365007227725073013750
2858490006300475063853750
287.59085005850175059410250
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.