thetaOwl

BLK

BlackRock, Inc.Close $1154.35EOD only
Max Pain
$1080.00
Next expiry Aug 21, 2026
Expected Move
±$22.10
1.9% from close
Price Gap
-74.35
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.91
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects BLK 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 — BLK
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $1080.00 (74.35 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$1080.00
Nearest expiry
Expected Move
±$22.10
±1.9%
Days to Expiry
3
Calendar days
Total Call OI
3,883
Nearest expiry
Total Put OI
3,102
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$1154.35
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$1075.008/7/2026, 11:07:31 PM
2026-08-14$1120.008/14/2026, 11:05:56 PM
2026-08-21NextUpdated$1080.008/18/2026, 11:06:46 PM
2026-08-28$1100.008/18/2026, 11:06:46 PM
2026-09-04$1120.008/18/2026, 11:06:46 PM
2026-09-11$1110.008/18/2026, 11:06:46 PM
2026-09-18$1030.008/18/2026, 11:06:46 PM
2026-09-25$1180.008/18/2026, 11:06:46 PM
2026-10-02$1170.008/18/2026, 11:06:46 PM
2026-10-16$1050.008/18/2026, 11:06:46 PM
2026-11-20$1140.008/18/2026, 11:06:46 PM
2026-12-18$1040.008/18/2026, 11:06:46 PM
2027-01-15$1080.008/18/2026, 11:06:46 PM
2027-03-19$1040.008/18/2026, 11:06:46 PM
2027-06-17$1040.008/18/2026, 11:06:46 PM
Selected expiration: 2026-08-21 at max pain $1080.00.
BLK pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
5400128160000128160000
5600121972000121972000
5800115784000115784000
6000109596000109596000
6202000103436000103438000
64040009727600097280000
66060009120200091208000
68080008512800085136000
700100007907400079084000
720120007303600073048000
740140006702200067036000
760180006105000061068000
780260005549200055518000
790310005281700052848000
800360005023600050272000
810490004770100047750000
820630004530400045367000
830780004291500042993000
840930004053000040623000
8501100003820400038314000
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.