This page reflects AVPT 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 — AVPT
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $12.00 (1.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$12.00
Nearest expiry
Expected Move
±$0.57
±4.3%
Days to Expiry
3
Calendar days
Total Call OI
959
Nearest expiry
Total Put OI
344
Nearest expiry
P/C OI Ratio
0.36
Put-heavy
Spot Price
$13.32
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
$9.00
6/18/2026, 11:05:36 PM
2026-07-17
$10.00
7/17/2026, 11:05:45 PM
2026-08-21NextUpdated
$12.00
8/18/2026, 11:06:05 PM
2026-09-18
$11.00
8/18/2026, 11:06:05 PM
2026-10-16
$10.00
8/18/2026, 11:06:05 PM
2026-12-18
$8.00
8/18/2026, 11:06:05 PM
2027-01-15
$8.00
8/18/2026, 11:06:05 PM
Selected expiration: 2026-08-21 at max pain $12.00.
AVPT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
325200
325200
4
4400
290800
295200
5
11400
256400
267800
6
18600
222000
240600
7
25900
187600
213500
9
40500
118800
159300
10
48400
84400
132800
11
57900
50000
107900
12
69100
15900
85000
13
86600
100
86700
14
111600
0
111600
15
159200
0
159200
16
254400
0
254400
17
350200
0
350200
19
542000
0
542000
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.