Colliers International Group InClose $104.77EOD only
Max Pain
$110.00
Next expiry Aug 21, 2026
Expected Move
±$4.97
4.8% from close
Price Gap
+5.23
Distance to max pain
IV Rank
10
Low premium
P/C OI
1.82
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects CIGI 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 — CIGI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $110.00 (5.23 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$4.97
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
606
Nearest expiry
Total Put OI
977
Nearest expiry
P/C OI Ratio
1.61
Put-heavy
Spot Price
$104.77
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
$100.00
6/18/2026, 11:04:03 PM
2026-07-17
$100.00
7/17/2026, 11:09:11 PM
2026-08-21NextUpdated
$110.00
8/18/2026, 11:04:39 PM
2026-09-18
$100.00
8/18/2026, 11:04:39 PM
2026-11-20
$115.00
8/18/2026, 11:04:39 PM
2027-02-19
$100.00
8/18/2026, 11:04:39 PM
Selected expiration: 2026-08-21 at max pain $110.00.
CIGI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
75
0
2629000
2629000
85
0
1660000
1660000
90
0
1177000
1177000
95
1000
725500
726500
100
3500
615000
618500
105
9000
505000
514000
110
52000
396000
448000
115
345500
290500
636000
120
641000
185000
826000
125
938500
80500
1019000
130
1236500
3500
1240000
135
1535000
2000
1537000
140
1835500
1500
1837000
145
2136000
1000
2137000
155
2737000
0
2737000
160
3037500
0
3037500
170
3643500
0
3643500
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.