Academy Sports and Outdoors, InClose $46.88EOD only
Max Pain
$45.00
Next expiry Aug 21, 2026
Expected Move
±$2.40
5.1% from close
Price Gap
-1.88
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.59
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects ASO 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 — ASO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $45.00 (1.88 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$2.40
±5.1%
Days to Expiry
3
Calendar days
Total Call OI
6,266
Nearest expiry
Total Put OI
1,817
Nearest expiry
P/C OI Ratio
0.29
Put-heavy
Spot Price
$46.88
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
2026-08-07
$46.00
8/7/2026, 11:04:38 PM
2026-08-14
$46.00
8/14/2026, 11:05:13 PM
2026-08-21NextUpdated
$45.00
8/18/2026, 11:05:31 PM
2026-08-28
$44.00
8/18/2026, 11:05:31 PM
2026-09-04
$47.00
8/18/2026, 11:05:31 PM
2026-09-11
$47.00
8/18/2026, 11:05:31 PM
2026-09-18
$50.00
8/18/2026, 11:05:31 PM
2026-09-25
$46.00
8/18/2026, 11:05:31 PM
2026-10-16
$52.50
8/18/2026, 11:05:31 PM
2027-01-15
$47.50
8/18/2026, 11:05:31 PM
Selected expiration: 2026-08-21 at max pain $45.00.
ASO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
2786250
2786250
32.5
1750
2332250
2334000
35
4000
1878250
1882250
36
5500
1698150
1703650
37
21100
1518050
1539150
37.5
36050
1428050
1464100
38
51000
1345850
1396850
40
111400
1017050
1128450
41
141700
865150
1006850
42.5
187300
637300
824600
43
202500
564900
767400
44
232900
421700
654600
45
263300
282900
546200
46
398800
176800
575600
47
535000
100800
635800
47.5
603850
69050
672900
48
679300
45300
724600
49
832000
33300
865300
50
986900
23300
1010200
51
1181000
18400
1199400
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.