This page reflects COMP 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 — COMP
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $11.00 (1.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$11.00
Nearest expiry
Expected Move
±$0.70
±5.7%
Days to Expiry
3
Calendar days
Total Call OI
23,433
Nearest expiry
Total Put OI
15,091
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$12.30
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
$8.00
6/18/2026, 11:08:00 PM
2026-07-17
$9.00
7/17/2026, 11:10:48 PM
2026-08-21NextUpdated
$11.00
8/18/2026, 11:03:35 PM
2026-09-18
$10.00
8/18/2026, 11:03:35 PM
2026-11-20
$10.00
8/18/2026, 11:03:35 PM
2027-01-15
$7.00
8/18/2026, 11:03:35 PM
2027-02-19
$12.00
8/18/2026, 11:03:35 PM
Selected expiration: 2026-08-21 at max pain $11.00.
COMP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
11775100
11775100
4
2100
10267100
10269200
5
4400
8759100
8763500
6
8700
7257800
7266500
7
14400
5762300
5776700
8
21300
4299700
4321000
9
283200
2872800
3156000
10
718800
1528300
2247100
11
1366000
303500
1669500
12
2113400
123000
2236400
13
3029000
2600
3031600
14
4977200
1700
4978900
15
7119900
1000
7120900
16
9332600
600
9333200
17
11604500
400
11604900
18
13880100
200
13880300
19
16160800
0
16160800
20
18441500
0
18441500
21
20722200
0
20722200
22
23065500
0
23065500
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.