This page reflects AUR 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 — AUR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $6.50 (0.35 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$6.50
Nearest expiry
Expected Move
±$0.45
±7.3%
Days to Expiry
3
Calendar days
Total Call OI
8,789
Nearest expiry
Total Put OI
4,503
Nearest expiry
P/C OI Ratio
0.51
Put-heavy
Spot Price
$6.15
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
$6.50
8/7/2026, 11:05:21 PM
2026-08-14
$6.50
8/14/2026, 11:06:17 PM
2026-08-21NextUpdated
$6.50
8/18/2026, 11:05:05 PM
2026-08-28
$6.50
8/18/2026, 11:05:05 PM
2026-09-04
$7.00
8/18/2026, 11:05:05 PM
2026-09-11
$7.00
8/18/2026, 11:05:05 PM
2026-09-18
$5.50
8/18/2026, 11:05:05 PM
2026-09-25
$7.00
8/18/2026, 11:05:05 PM
2026-10-16
$7.00
8/18/2026, 11:05:05 PM
2026-11-20
$6.00
8/18/2026, 11:05:05 PM
2026-12-18
$8.00
8/18/2026, 11:05:05 PM
2027-01-15
$5.50
8/18/2026, 11:05:05 PM
2027-02-19
$6.00
8/18/2026, 11:05:05 PM
2027-03-19
$6.00
8/18/2026, 11:05:05 PM
2027-05-21
$5.00
8/18/2026, 11:05:05 PM
Selected expiration: 2026-08-21 at max pain $6.50.
AUR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
2347250
2347250
1.5
450
2122100
2122550
2
1150
1896950
1898100
2.5
2050
1671850
1673900
3
2950
1446750
1449700
3.5
3900
1222050
1225950
4
4850
997550
1002400
4.5
12050
773700
785750
5
19250
550550
569800
5.5
27450
358000
385450
6
36500
181800
218300
6.5
59550
75850
135400
7
121800
16200
138000
7.5
345300
8900
354200
8
629800
2000
631800
8.5
1024000
1600
1025600
9
1424550
1250
1425800
10
2274350
550
2274900
10.5
2707250
450
2707700
11
3140150
350
3140500
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.