Nearest listed expiration 2026-08-21 shows max pain at $1715.00 (87.98 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$1715.00
Nearest expiry
Expected Move
±$63.75
±3.5%
Days to Expiry
3
Calendar days
Total Call OI
20,498
Nearest expiry
Total Put OI
25,574
Nearest expiry
P/C OI Ratio
1.25
Put-heavy
Spot Price
$1802.98
Published close
Consensus
5.0/10
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
2026-08-07
$1700.00
8/7/2026, 11:06:29 PM
2026-08-14
$1755.00
8/14/2026, 11:05:16 PM
2026-08-21NextUpdated
$1715.00
8/18/2026, 11:06:26 PM
2026-08-28
$1745.00
8/18/2026, 11:06:26 PM
2026-09-04
$1680.00
8/18/2026, 11:06:26 PM
2026-09-11
$1775.00
8/18/2026, 11:06:26 PM
2026-09-18
$1640.00
8/18/2026, 11:06:26 PM
2026-09-25
$1780.00
8/18/2026, 11:06:26 PM
2026-10-02
$1825.00
8/18/2026, 11:06:26 PM
2026-10-16
$1660.00
8/18/2026, 11:06:26 PM
2026-11-20
$1620.00
8/18/2026, 11:06:26 PM
2026-12-18
$1100.00
8/18/2026, 11:06:26 PM
2027-01-15
$1000.00
8/18/2026, 11:06:26 PM
2027-02-19
$1680.00
8/18/2026, 11:06:26 PM
2027-03-19
$1760.00
8/18/2026, 11:06:26 PM
2027-06-17
$1200.00
8/18/2026, 11:06:26 PM
Selected expiration: 2026-08-21 at max pain $1715.00.
ASML pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
540
0
2235284250
2235284250
560
22000
2184178250
2184200250
570
37000
2158702250
2158739250
580
52000
2133502250
2133554250
590
69000
2108429250
2108498250
600
87000
2083409250
2083496250
610
107000
2058470250
2058577250
620
127000
2033602250
2033729250
630
147000
2008752250
2008899250
640
169000
1983942250
1984111250
650
191000
1959155250
1959346250
660
215000
1934389250
1934604250
670
240000
1909682250
1909922250
680
265000
1885062250
1885327250
690
300000
1860603250
1860903250
700
335000
1836242250
1836577250
710
372000
1811977250
1812349250
720
410000
1787788250
1788198250
730
449000
1763627250
1764076250
740
493000
1739483250
1739976250
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.