This page reflects CHYM 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 — CHYM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $25.00 (6.91 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$1.40
±4.4%
Days to Expiry
3
Calendar days
Total Call OI
25,660
Nearest expiry
Total Put OI
23,959
Nearest expiry
P/C OI Ratio
0.93
Put-heavy
Spot Price
$31.91
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
$17.50
6/18/2026, 11:09:53 PM
2026-07-17
$20.00
7/17/2026, 11:09:33 PM
2026-08-21NextUpdated
$25.00
8/18/2026, 11:08:17 PM
2026-09-18
$25.00
8/18/2026, 11:08:17 PM
2026-12-18
$22.50
8/18/2026, 11:08:17 PM
2027-01-15
$22.50
8/18/2026, 11:08:17 PM
2027-03-19
$25.00
8/18/2026, 11:08:17 PM
Selected expiration: 2026-08-21 at max pain $25.00.
CHYM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
37056500
37056500
7.5
0
31067750
31067750
10
0
25079750
25079750
12.5
250
20667750
20668000
15
500
16263250
16263750
17.5
1750
12055000
12056750
20
10500
8248500
8259000
22.5
112250
4721000
4833250
25
724750
2646250
3371000
27.5
1966500
1480500
3447000
30
3689500
549250
4238750
32.5
9072000
13250
9085250
35
15060250
500
15060750
37.5
21428250
0
21428250
40
27842500
0
27842500
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.