This page reflects DDOG 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 — DDOG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $232.50 (13.50 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$232.50
Nearest expiry
Expected Move
±$10.35
±4.2%
Days to Expiry
3
Calendar days
Total Call OI
26,960
Nearest expiry
Total Put OI
25,879
Nearest expiry
P/C OI Ratio
0.96
Put-heavy
Spot Price
$246.00
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
$255.00
8/7/2026, 11:09:24 PM
2026-08-14
$247.50
8/14/2026, 11:12:01 PM
2026-08-21NextUpdated
$232.50
8/18/2026, 11:10:26 PM
2026-08-28
$250.00
8/18/2026, 11:10:26 PM
2026-09-04
$240.00
8/18/2026, 11:10:26 PM
2026-09-11
$245.00
8/18/2026, 11:10:26 PM
2026-09-18
$195.00
8/18/2026, 11:10:26 PM
2026-09-25
$245.00
8/18/2026, 11:10:26 PM
2026-10-02
$245.00
8/18/2026, 11:10:26 PM
2026-10-16
$230.00
8/18/2026, 11:10:26 PM
2026-11-20
$230.00
8/18/2026, 11:10:26 PM
2026-12-18
$130.00
8/18/2026, 11:10:26 PM
2027-01-15
$165.00
8/18/2026, 11:10:26 PM
2027-03-19
$210.00
8/18/2026, 11:10:26 PM
2027-06-17
$250.00
8/18/2026, 11:10:26 PM
Selected expiration: 2026-08-21 at max pain $232.50.
DDOG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
70
0
351142500
351142500
75
1000
338276500
338277500
80
2500
325459000
325461500
85
5500
312719000
312724500
90
11000
299984000
299995000
95
16500
287263000
287279500
100
22500
274561500
274584000
105
30500
261918000
261948500
110
39500
249289500
249329000
115
48500
236730500
236779000
120
58000
224304500
224362500
125
75000
211992500
212067500
130
95500
199693000
199788500
135
139500
187487500
187627000
140
219500
175306500
175526000
145
308500
163343000
163651500
150
425500
151391500
151817000
155
794500
139490500
140285000
160
1295500
127601000
128896500
165
1900000
115800500
117700500
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.