This page reflects EGO 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 — EGO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $33.00 (5.71 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$33.00
Nearest expiry
Expected Move
±$2.35
±6.1%
Days to Expiry
3
Calendar days
Total Call OI
8,348
Nearest expiry
Total Put OI
13,947
Nearest expiry
P/C OI Ratio
1.67
Put-heavy
Spot Price
$38.71
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
$31.00
6/18/2026, 11:14:47 PM
2026-07-17
$31.00
7/17/2026, 11:14:40 PM
2026-08-21NextUpdated
$33.00
8/18/2026, 11:13:58 PM
2026-09-18
$35.00
8/18/2026, 11:13:58 PM
2026-10-16
$30.00
8/18/2026, 11:13:58 PM
2026-11-20
$34.00
8/18/2026, 11:13:58 PM
2026-12-18
$40.00
8/18/2026, 11:13:58 PM
2027-01-15
$34.00
8/18/2026, 11:13:58 PM
2027-03-19
$35.00
8/18/2026, 11:13:58 PM
2027-05-21
$30.00
8/18/2026, 11:13:58 PM
Selected expiration: 2026-08-21 at max pain $33.00.
EGO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
15
0
22627700
22627700
18
2700
18443600
18446300
20
4500
15654600
15659100
21
7500
14262500
14270000
22
10500
12871400
12881900
23
13800
11481900
11495700
24
17900
10093400
10111300
25
22600
8707800
8730400
26
29000
7345000
7374000
27
38000
6015400
6053400
28
49500
4702900
4752400
29
89100
3438400
3527500
30
131900
2188900
2320800
31
204100
1024300
1228400
32
312800
817300
1130100
33
448200
640700
1088900
34
608200
484500
1092700
35
883000
354200
1237200
36
1278700
270700
1549400
37
1745600
196500
1942100
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.