This page reflects BIDU options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — BIDU
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $109.00 (4.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$109.00
Nearest expiry
Expected Move
±$7.08
±6.8%
Days to Expiry
4
Calendar days
Total Call OI
40,435
Nearest expiry
Total Put OI
37,540
Nearest expiry
P/C OI Ratio
0.93
Put-heavy
Spot Price
$104.12
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
$108.00
8/7/2026, 11:06:14 PM
2026-08-14
$105.00
8/14/2026, 11:07:42 PM
2026-08-21NextUpdated
$109.00
8/17/2026, 11:08:12 PM
2026-08-28
$108.00
8/17/2026, 11:08:12 PM
2026-09-04
$104.00
8/17/2026, 11:08:12 PM
2026-09-11
$105.00
8/17/2026, 11:08:12 PM
2026-09-18
$115.00
8/17/2026, 11:08:12 PM
2026-09-25
$104.00
8/17/2026, 11:08:12 PM
2026-10-02
$104.00
8/17/2026, 11:08:12 PM
2026-10-16
$105.00
8/17/2026, 11:08:12 PM
2026-12-18
$105.00
8/17/2026, 11:08:12 PM
2027-01-15
$115.00
8/17/2026, 11:08:12 PM
2027-03-19
$110.00
8/17/2026, 11:08:12 PM
2027-06-17
$120.00
8/17/2026, 11:08:12 PM
Selected expiration: 2026-08-21 at max pain $109.00.
BIDU pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
138886900
138886900
65
0
120105400
120105400
70
0
101326400
101326400
75
3000
82555400
82558400
80
18500
64535400
64553900
85
65500
47009900
47075400
90
114500
30146900
30261400
91
130600
27074500
27205100
92
146700
24553900
24700600
94
178900
20350300
20529200
95
211600
18328500
18540100
96
268600
16453500
16722100
97
337900
14701600
15039500
98
426200
13159700
13585900
99
532300
11682400
12214700
100
652600
10272800
10925400
101
813400
9078100
9891500
102
989600
8076800
9066400
103
1191700
7169100
8360800
104
1477100
6339700
7816800
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.