This page reflects CSCO options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — CSCO
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $115.00 (2.10 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$115.00
Nearest expiry
Expected Move
±$3.23
±2.9%
Days to Expiry
4
Calendar days
Total Call OI
108,217
Nearest expiry
Total Put OI
50,145
Nearest expiry
P/C OI Ratio
0.46
Put-heavy
Spot Price
$112.90
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
$116.00
8/7/2026, 11:08:42 PM
2026-08-14
$115.00
8/14/2026, 11:10:43 PM
2026-08-21NextUpdated
$115.00
8/17/2026, 11:08:58 PM
2026-08-28
$111.00
8/17/2026, 11:08:58 PM
2026-09-04
$112.00
8/17/2026, 11:08:58 PM
2026-09-11
$111.00
8/17/2026, 11:08:58 PM
2026-09-18
$92.50
8/17/2026, 11:08:58 PM
2026-09-25
$115.00
8/17/2026, 11:08:58 PM
2026-10-02
$115.00
8/17/2026, 11:08:58 PM
2026-10-16
$105.00
8/17/2026, 11:08:58 PM
2026-11-20
$115.00
8/17/2026, 11:08:58 PM
2026-12-18
$92.50
8/17/2026, 11:08:58 PM
2027-01-15
$90.00
8/17/2026, 11:08:58 PM
2027-03-19
$105.00
8/17/2026, 11:08:58 PM
2027-06-17
$120.00
8/17/2026, 11:08:58 PM
Selected expiration: 2026-08-21 at max pain $115.00.
CSCO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
303289400
303289400
55
0
277518900
277518900
60
0
251748900
251748900
65
0
225981900
225981900
70
15000
200221400
200236400
75
33500
174832400
174865900
80
116500
149532400
149648900
85
244500
124300400
124544900
90
387000
99150900
99537900
92.5
489250
86827900
87317150
95
613000
74650150
75263150
97.5
779500
62843150
63622650
99
997900
55929200
56927100
100
1143500
51338800
52482300
101
1435000
47319900
48754900
102
1728200
43333600
45061800
103
2021700
39355300
41377000
104
2339000
35427000
37766000
105
2660400
31585900
34246300
106
3076900
27998000
31074900
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.