Broadridge Financial Solutions,Close $169.86EOD only
Max Pain
$160.00
Next expiry Aug 21, 2026
Expected Move
±$4.75
2.8% from close
Price Gap
-9.86
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.70
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects BR 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 — BR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $160.00 (9.86 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$4.75
±2.8%
Days to Expiry
3
Calendar days
Total Call OI
2,378
Nearest expiry
Total Put OI
1,017
Nearest expiry
P/C OI Ratio
0.43
Put-heavy
Spot Price
$169.86
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
$140.00
6/18/2026, 11:05:59 PM
2026-07-17
$150.00
7/17/2026, 11:07:45 PM
2026-08-21NextUpdated
$160.00
8/18/2026, 11:07:11 PM
2026-09-18
$160.00
8/18/2026, 11:07:11 PM
2026-12-18
$150.00
8/18/2026, 11:07:11 PM
2027-03-19
$170.00
8/18/2026, 11:07:11 PM
Selected expiration: 2026-08-21 at max pain $160.00.
BR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
90
0
5906000
5906000
95
0
5402500
5402500
100
0
4900000
4900000
115
0
3394000
3394000
120
0
2893500
2893500
125
0
2411500
2411500
130
0
1935500
1935500
135
0
1482500
1482500
140
0
1052000
1052000
145
1500
722000
723500
150
10500
479000
489500
155
34500
321000
355500
160
163000
167500
330500
165
328500
66500
395000
170
558500
2000
560500
175
1267500
500
1268000
180
1991000
0
1991000
185
2722000
0
2722000
190
3895500
0
3895500
195
5070000
0
5070000
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.