This page reflects EOG 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 — EOG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $135.00 (13.70 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$135.00
Nearest expiry
Expected Move
±$3.98
±2.7%
Days to Expiry
3
Calendar days
Total Call OI
7,003
Nearest expiry
Total Put OI
4,513
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$148.70
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
2026-08-07
$137.00
8/7/2026, 11:15:22 PM
2026-08-14
$129.00
8/14/2026, 11:15:39 PM
2026-08-21NextUpdated
$135.00
8/18/2026, 11:11:09 PM
2026-08-28
$137.00
8/18/2026, 11:11:09 PM
2026-09-04
$138.00
8/18/2026, 11:11:09 PM
2026-09-11
$140.00
8/18/2026, 11:11:09 PM
2026-09-18
$130.00
8/18/2026, 11:11:09 PM
2026-09-25
$131.00
8/18/2026, 11:11:09 PM
2026-10-02
$143.00
8/18/2026, 11:11:09 PM
2026-10-16
$130.00
8/18/2026, 11:11:09 PM
2026-12-18
$130.00
8/18/2026, 11:11:09 PM
2027-01-15
$125.00
8/18/2026, 11:11:09 PM
2027-03-19
$140.00
8/18/2026, 11:11:09 PM
2027-06-17
$145.00
8/18/2026, 11:11:09 PM
Selected expiration: 2026-08-21 at max pain $135.00.
EOG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
105
0
10805900
10805900
110
0
8585900
8585900
115
2000
6392400
6394400
120
4500
4271900
4276400
125
36000
2656400
2692400
126
42900
2360200
2403100
127
49800
2064800
2114600
128
56700
1770200
1826900
129
63600
1497000
1560600
130
71500
1244000
1315500
131
93000
1046200
1139200
132
114500
869000
983500
133
136900
717300
854200
134
159500
572000
731500
135
182900
431900
614800
136
257900
364000
621900
137
338900
302300
641200
138
422100
245500
667600
139
506500
192600
699100
140
599500
141900
741400
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.