This page reflects BALL 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 — BALL
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $62.50 (0.83 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$62.50
Nearest expiry
Expected Move
±$1.45
±2.4%
Days to Expiry
3
Calendar days
Total Call OI
2,513
Nearest expiry
Total Put OI
1,930
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$61.67
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
$57.50
6/18/2026, 11:05:59 PM
2026-07-17
$60.00
7/17/2026, 11:06:27 PM
2026-08-21NextUpdated
$62.50
8/18/2026, 11:05:21 PM
2026-09-18
$57.50
8/18/2026, 11:05:21 PM
2026-10-16
$62.50
8/18/2026, 11:05:21 PM
2026-11-20
$60.00
8/18/2026, 11:05:21 PM
2026-12-18
$60.00
8/18/2026, 11:05:21 PM
2027-01-15
$50.00
8/18/2026, 11:05:21 PM
2027-02-19
$62.50
8/18/2026, 11:05:21 PM
2027-03-19
$60.00
8/18/2026, 11:05:21 PM
2027-06-17
$62.50
8/18/2026, 11:05:21 PM
Selected expiration: 2026-08-21 at max pain $62.50.
BALL pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
37.5
0
4093000
4093000
45
0
2647000
2647000
47.5
1000
2165500
2166500
50
2000
1684000
1686000
52.5
3000
1265500
1268500
55
22500
866000
888500
57.5
62500
513500
576000
60
173750
230000
403750
62.5
300000
77250
377250
65
479250
8000
487250
67.5
787750
0
787750
70
1207250
0
1207250
72.5
1769500
0
1769500
75
2366250
0
2366250
80
3600750
0
3600750
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.