This page reflects DHI 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 — DHI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $150.00 (4.32 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$150.00
Nearest expiry
Expected Move
±$5.15
±3.5%
Days to Expiry
3
Calendar days
Total Call OI
5,153
Nearest expiry
Total Put OI
4,842
Nearest expiry
P/C OI Ratio
0.94
Put-heavy
Spot Price
$145.68
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
$147.00
8/7/2026, 11:12:32 PM
2026-08-14
$148.00
8/14/2026, 11:09:31 PM
2026-08-21NextUpdated
$150.00
8/18/2026, 11:13:12 PM
2026-08-28
$145.00
8/18/2026, 11:13:12 PM
2026-09-04
$150.00
8/18/2026, 11:13:12 PM
2026-09-11
$140.00
8/18/2026, 11:13:12 PM
2026-09-18
$150.00
8/18/2026, 11:13:12 PM
2026-09-25
$140.00
8/18/2026, 11:13:12 PM
2026-10-16
$150.00
8/18/2026, 11:13:12 PM
2026-11-20
$150.00
8/18/2026, 11:13:12 PM
2026-12-18
$155.00
8/18/2026, 11:13:12 PM
2027-01-15
$145.00
8/18/2026, 11:13:12 PM
2027-02-19
$140.00
8/18/2026, 11:13:12 PM
2027-03-19
$150.00
8/18/2026, 11:13:12 PM
2027-06-17
$160.00
8/18/2026, 11:13:12 PM
Selected expiration: 2026-08-21 at max pain $150.00.
DHI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
26888950
26888950
85
0
24481950
24481950
90
1500
22084450
22085950
95
3500
19724950
19728450
100
5500
17407450
17412950
105
7500
15111450
15118950
110
10000
12848450
12858450
115
13500
10634950
10648450
120
17000
8479950
8496950
125
21000
6418950
6439950
130
25000
4565950
4590950
133
31600
3625150
3656750
134
33800
3314150
3347950
135
36100
3004750
3040850
136
40600
2767750
2808350
137
46500
2531450
2577950
138
52400
2297750
2350150
139
58300
2064750
2123050
140
64200
1833250
1897450
141
99300
1648050
1747350
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.