This page reflects DNTH options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — DNTH
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $75.00 (38.70 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
±$2.75
±2.4%
Days to Expiry
2
Calendar days
Total Call OI
4,168
Nearest expiry
Total Put OI
2,276
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$113.70
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
$85.00
6/18/2026, 11:11:51 PM
2026-07-17
$70.00
7/17/2026, 11:12:32 PM
2026-08-21NextUpdated
$75.00
8/19/2026, 11:12:24 PM
2026-09-18
$100.00
8/19/2026, 11:12:24 PM
2026-10-16
$115.00
8/19/2026, 11:12:24 PM
2026-11-20
$70.00
8/19/2026, 11:12:24 PM
2027-01-15
$20.00
8/19/2026, 11:12:24 PM
2027-02-19
$80.00
8/19/2026, 11:12:24 PM
2027-03-19
$80.00
8/19/2026, 11:12:24 PM
2027-04-16
$100.00
8/19/2026, 11:12:24 PM
Selected expiration: 2026-08-21 at max pain $75.00.
DNTH pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
12361500
12361500
25
0
11792500
11792500
30
0
10655000
10655000
45
1500
7245500
7247000
50
2500
6109500
6112000
55
3500
4975500
4979000
60
4500
3854000
3858500
65
17000
2738500
2755500
70
60500
1881000
1941500
75
108000
1027000
1135000
80
683500
738500
1422000
85
1261000
499000
1760000
90
1942000
292000
2234000
95
2643500
87500
2731000
100
3353000
32000
3385000
105
4163500
3500
4167000
110
4982500
3000
4985500
115
5803000
2500
5805500
120
6677500
2000
6679500
125
7609500
1500
7611000
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.