This page reflects COHR 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 — COHR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $340.00 (33.57 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$340.00
Nearest expiry
Expected Move
±$19.55
±6.4%
Days to Expiry
3
Calendar days
Total Call OI
31,085
Nearest expiry
Total Put OI
32,944
Nearest expiry
P/C OI Ratio
1.06
Put-heavy
Spot Price
$306.43
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
$290.00
8/7/2026, 11:09:54 PM
2026-08-14
$340.00
8/14/2026, 11:12:29 PM
2026-08-21NextUpdated
$340.00
8/18/2026, 11:04:27 PM
2026-08-28
$330.00
8/18/2026, 11:04:27 PM
2026-09-04
$315.00
8/18/2026, 11:04:27 PM
2026-09-11
$360.00
8/18/2026, 11:04:27 PM
2026-09-18
$300.00
8/18/2026, 11:04:27 PM
2026-09-25
$335.00
8/18/2026, 11:04:27 PM
2026-10-02
$310.00
8/18/2026, 11:04:27 PM
2026-10-16
$340.00
8/18/2026, 11:04:27 PM
2026-11-20
$330.00
8/18/2026, 11:04:27 PM
2027-01-15
$300.00
8/18/2026, 11:04:27 PM
2027-03-19
$310.00
8/18/2026, 11:04:27 PM
Selected expiration: 2026-08-21 at max pain $340.00.
COHR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
578434500
578434500
115
40500
562015000
562055500
120
82500
545632500
545715000
125
128000
529272000
529400000
130
176500
512918500
513095000
135
227000
496590000
496817000
140
280000
480273000
480553000
145
334500
463987500
464322000
150
391500
447781000
448172500
155
455000
431699500
432154500
160
521500
415670000
416191500
165
591500
399844000
400435500
170
661500
384656500
385318000
175
734000
369525000
370259000
180
807000
354409500
355216500
185
911500
339433500
340345000
190
1017000
324515500
325532500
195
1126000
309974500
311100500
200
1236000
295529000
296765000
205
1378000
281308000
282686000
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.