This page reflects CUBI 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 — CUBI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $75.00 (5.76 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$75.00
Nearest expiry
Expected Move
±$3.05
±3.8%
Days to Expiry
3
Calendar days
Total Call OI
247
Nearest expiry
Total Put OI
127
Nearest expiry
P/C OI Ratio
0.51
Put-heavy
Spot Price
$80.76
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
$70.00
6/18/2026, 11:12:32 PM
2026-07-17
$77.50
7/17/2026, 11:10:14 PM
2026-08-21NextUpdated
$75.00
8/18/2026, 11:11:03 PM
2026-09-18
$75.00
8/18/2026, 11:11:03 PM
2026-11-20
$72.50
8/18/2026, 11:11:03 PM
2027-02-19
$70.00
8/18/2026, 11:11:03 PM
Selected expiration: 2026-08-21 at max pain $75.00.
CUBI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
341750
341750
40
1000
279250
280250
42.5
1500
255500
257000
47.5
2500
208000
210500
50
3000
184500
187500
55
4000
137500
141500
62.5
5500
67000
72500
65
6000
45750
51750
67.5
6500
25750
32250
70
7250
9500
16750
72.5
8000
5750
13750
75
10000
3000
13000
77.5
14750
1000
15750
80
20250
250
20500
82.5
42250
0
42250
85
78500
0
78500
87.5
130250
0
130250
90
183000
0
183000
95
290500
0
290500
100
403500
0
403500
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.