This page reflects DOV 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 — DOV
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $210.00 (6.94 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$210.00
Nearest expiry
Expected Move
±$5.00
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
1,323
Nearest expiry
Total Put OI
1,788
Nearest expiry
P/C OI Ratio
1.35
Put-heavy
Spot Price
$203.06
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
$200.00
6/18/2026, 11:11:17 PM
2026-07-17
$220.00
7/17/2026, 11:12:18 PM
2026-08-21NextUpdated
$210.00
8/18/2026, 11:13:29 PM
2026-09-18
$210.00
8/18/2026, 11:13:29 PM
2026-11-20
$210.00
8/18/2026, 11:13:29 PM
2026-12-18
$210.00
8/18/2026, 11:13:29 PM
2027-01-15
$190.00
8/18/2026, 11:13:29 PM
2027-03-19
$170.00
8/18/2026, 11:13:29 PM
Selected expiration: 2026-08-21 at max pain $210.00.
DOV pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
140
0
11494000
11494000
170
51000
6130000
6181000
175
59500
5246000
5305500
180
68500
4362500
4431000
185
78000
3493500
3571500
190
87500
2630500
2718000
195
101000
1912500
2013500
200
115500
1269000
1384500
210
372500
13000
385500
220
1042500
4000
1046500
230
1921500
0
1921500
240
2965500
0
2965500
250
4033500
0
4033500
260
5187500
0
5187500
270
6488500
0
6488500
280
7796500
0
7796500
290
9104500
0
9104500
300
10417500
0
10417500
310
11732500
0
11732500
320
13051500
0
13051500
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.