This page reflects DXPE 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 — DXPE
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $180.00 (17.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$180.00
Nearest expiry
Expected Move
±$3.00
±1.5%
Days to Expiry
3
Calendar days
Total Call OI
182
Nearest expiry
Total Put OI
181
Nearest expiry
P/C OI Ratio
0.99
Put-heavy
Spot Price
$197.62
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
$140.00
6/18/2026, 11:14:11 PM
2026-07-17
$155.00
7/17/2026, 11:14:48 PM
2026-08-21NextUpdated
$180.00
8/18/2026, 11:13:29 PM
2026-09-18
$170.00
8/18/2026, 11:13:29 PM
2026-11-20
$170.00
8/18/2026, 11:13:29 PM
2027-02-19
$160.00
8/18/2026, 11:13:29 PM
Selected expiration: 2026-08-21 at max pain $180.00.
DXPE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
2145500
2145500
70
1000
1964500
1965500
80
2000
1783500
1785500
85
2500
1693000
1695500
90
3500
1602500
1606000
95
4500
1512000
1516500
100
6000
1422000
1428000
105
8000
1333000
1341000
110
12500
1244000
1256500
115
19000
1156500
1175500
120
26500
1069000
1095500
125
35500
987500
1023000
130
45500
907000
952500
135
56000
827500
883500
140
66500
748000
814500
145
79000
670500
749500
150
92500
593000
685500
155
106500
515500
622000
160
121000
438000
559000
165
138500
360500
499000
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.