This page reflects DINO 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 — DINO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $85.00 (10.70 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$3.55
±3.7%
Days to Expiry
3
Calendar days
Total Call OI
24,499
Nearest expiry
Total Put OI
3,780
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$95.70
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
$65.00
6/18/2026, 11:13:56 PM
2026-07-17
$67.50
7/17/2026, 11:12:55 PM
2026-08-21NextUpdated
$85.00
8/18/2026, 11:09:50 PM
2026-09-18
$80.00
8/18/2026, 11:09:50 PM
2026-12-18
$77.50
8/18/2026, 11:09:50 PM
2027-01-15
$62.50
8/18/2026, 11:09:50 PM
2027-03-19
$82.50
8/18/2026, 11:09:50 PM
2027-05-21
$65.00
8/18/2026, 11:09:50 PM
Selected expiration: 2026-08-21 at max pain $85.00.
DINO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
42.5
0
12682000
12682000
45
0
11737250
11737250
50
0
9847750
9847750
55
0
7962750
7962750
57.5
0
7063500
7063500
60
250
6167250
6167500
62.5
500
5400750
5401250
65
750
4699750
4700500
67.5
1000
4014750
4015750
70
2000
3335250
3337250
72.5
7500
2676500
2684000
75
15750
2049500
2065250
77.5
29500
1546000
1575500
80
43250
1093500
1136750
82.5
326000
677250
1003250
85
628000
365750
993750
87.5
2594500
198250
2792750
90
4735750
59250
4795000
92.5
7469750
19500
7489250
95
10701750
0
10701750
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.