thetaOwl

ECG

Everus Construction Group, Inc.Close $129.19EOD only
Max Pain
$130.00
Next expiry Aug 21, 2026
Expected Move
±$6.97
5.4% from close
Price Gap
+0.81
Distance to max pain
IV Rank
43
Middle-high premium
P/C OI
0.57
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects ECG 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 — ECG
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $130.00 (0.81 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$6.97
±5.4%
Days to Expiry
3
Calendar days
Total Call OI
956
Nearest expiry
Total Put OI
768
Nearest expiry
P/C OI Ratio
0.80
Put-heavy
Spot Price
$129.19
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$140.006/18/2026, 11:12:15 PM
2026-07-17$145.007/17/2026, 11:14:24 PM
2026-08-21NextUpdated$130.008/18/2026, 11:11:52 PM
2026-09-18$115.008/18/2026, 11:11:52 PM
2026-11-20$130.008/18/2026, 11:11:52 PM
2027-02-19$135.008/18/2026, 11:11:52 PM
Selected expiration: 2026-08-21 at max pain $130.00.
ECG pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
45053735005373500
50049980004998000
60042480004248000
65038750003875000
70035070003507000
75031445003144500
80027860002786000
85024295002429500
90020745002074500
95200017210001723000
100500013785001383500
1051050010535001064000
11021000752000773000
11535000507000542000
12057000342000399000
12590000193500283500
13016600066000232000
13526350044500308000
14043100025000456000
14563500012500647500
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.