ASA Gold and Precious Metals LClose $57.72EOD only
Max Pain
$55.00
Next expiry Aug 21, 2026
Expected Move
±$3.45
6.0% from close
Price Gap
-2.72
Distance to max pain
IV Rank
29
Middle-high premium
P/C OI
0.29
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects ASA 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 — ASA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $55.00 (2.72 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$3.45
±6.0%
Days to Expiry
3
Calendar days
Total Call OI
385
Nearest expiry
Total Put OI
72
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$57.72
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
$60.00
6/18/2026, 11:04:47 PM
2026-07-17
$60.00
7/17/2026, 11:05:58 PM
2026-08-21NextUpdated
$55.00
8/18/2026, 11:04:34 PM
2026-11-20
$65.00
8/18/2026, 11:04:34 PM
2027-02-19
$60.00
8/18/2026, 11:04:34 PM
Selected expiration: 2026-08-21 at max pain $55.00.
ASA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
128500
128500
40
3000
56500
59500
45
5000
21000
26000
50
7000
11500
18500
55
13500
4000
17500
60
23000
1500
24500
65
47500
1000
48500
70
86500
500
87000
75
187500
0
187500
80
319500
0
319500
85
459000
0
459000
90
638500
0
638500
95
820500
0
820500
100
1002500
0
1002500
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.