This page reflects DG 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 — DG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $119.00 (1.84 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$119.00
Nearest expiry
Expected Move
±$4.10
±3.4%
Days to Expiry
3
Calendar days
Total Call OI
10,611
Nearest expiry
Total Put OI
8,344
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$120.84
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
$126.00
8/7/2026, 11:12:34 PM
2026-08-14
$124.00
8/14/2026, 11:09:48 PM
2026-08-21NextUpdated
$119.00
8/18/2026, 11:10:30 PM
2026-08-28
$121.00
8/18/2026, 11:10:30 PM
2026-09-04
$125.00
8/18/2026, 11:10:30 PM
2026-09-11
$125.00
8/18/2026, 11:10:30 PM
2026-09-18
$120.00
8/18/2026, 11:10:30 PM
2026-09-25
$124.00
8/18/2026, 11:10:30 PM
2026-10-02
$123.00
8/18/2026, 11:10:30 PM
2026-11-20
$120.00
8/18/2026, 11:10:30 PM
2026-12-18
$110.00
8/18/2026, 11:10:30 PM
2027-01-15
$105.00
8/18/2026, 11:10:30 PM
2027-02-19
$105.00
8/18/2026, 11:10:30 PM
2027-03-19
$130.00
8/18/2026, 11:10:30 PM
2027-06-17
$135.00
8/18/2026, 11:10:30 PM
Selected expiration: 2026-08-21 at max pain $119.00.
DG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
38755600
38755600
70
0
34598100
34598100
75
0
30456600
30456600
80
500
26328600
26329100
85
1500
22324100
22325600
90
5500
18385100
18390600
95
26500
14585100
14611600
100
50500
11062100
11112600
105
93500
7929100
8022600
106
165000
7388300
7553300
107
236500
6849500
7086000
108
308300
6312600
6620900
109
381200
5777400
6158600
110
462300
5243700
5706000
111
604700
4774700
5379400
112
761900
4306300
5068200
113
932600
3838700
4771300
114
1109100
3371800
4480900
115
1290500
2910400
4200900
116
1515400
2524100
4039500
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.