This page reflects CAVA 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 — CAVA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $70.00 (1.76 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$2.76
±4.0%
Days to Expiry
3
Calendar days
Total Call OI
18,364
Nearest expiry
Total Put OI
9,998
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$68.24
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
$65.00
8/7/2026, 11:08:40 PM
2026-08-14
$66.00
8/14/2026, 11:08:43 PM
2026-08-21NextUpdated
$70.00
8/18/2026, 11:03:48 PM
2026-08-28
$67.00
8/18/2026, 11:03:48 PM
2026-09-04
$70.00
8/18/2026, 11:03:48 PM
2026-09-11
$68.00
8/18/2026, 11:03:48 PM
2026-09-18
$75.00
8/18/2026, 11:03:48 PM
2026-09-25
$69.00
8/18/2026, 11:03:48 PM
2026-10-02
$63.00
8/18/2026, 11:03:48 PM
2026-10-16
$75.00
8/18/2026, 11:03:48 PM
2026-12-18
$65.00
8/18/2026, 11:03:48 PM
2027-01-15
$65.00
8/18/2026, 11:03:48 PM
2027-03-19
$70.00
8/18/2026, 11:03:48 PM
2027-06-17
$65.00
8/18/2026, 11:03:48 PM
Selected expiration: 2026-08-21 at max pain $70.00.
CAVA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
21666300
21666300
50
34500
16897800
16932300
51
42400
15998700
16041100
52
50300
15103000
15153300
53
58200
14209500
14267700
54
66200
13318600
13384800
55
74200
12432800
12507000
56
94600
11595100
11689700
57
115000
10773900
10888900
58
135600
9959400
10095000
59
156400
9163900
9320300
60
177500
8372500
8550000
61
208500
7615600
7824100
62
270100
6879000
7149100
63
409000
6151500
6560500
64
591000
5441900
6032900
65
789600
4746000
5535600
66
1060900
4088900
5149800
67
1353700
3452900
4806600
68
1668800
2835400
4504200
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.