This page reflects EPAM 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 — EPAM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $95.00 (5.25 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$95.00
Nearest expiry
Expected Move
±$4.40
±4.4%
Days to Expiry
3
Calendar days
Total Call OI
2,967
Nearest expiry
Total Put OI
1,945
Nearest expiry
P/C OI Ratio
0.66
Put-heavy
Spot Price
$100.25
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
$95.00
6/18/2026, 11:15:48 PM
2026-07-17
$90.00
7/17/2026, 11:12:57 PM
2026-08-21NextUpdated
$95.00
8/18/2026, 11:12:46 PM
2026-09-18
$100.00
8/18/2026, 11:12:46 PM
2026-10-16
$105.00
8/18/2026, 11:12:46 PM
2026-12-18
$100.00
8/18/2026, 11:12:46 PM
2027-01-15
$100.00
8/18/2026, 11:12:46 PM
Selected expiration: 2026-08-21 at max pain $95.00.
EPAM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
45
0
7281000
7281000
50
0
6311000
6311000
55
4000
5342500
5346500
60
35000
4384500
4419500
65
66500
3462500
3529000
70
98500
2598500
2697000
75
131000
1789500
1920500
80
164500
1169500
1334000
85
252500
730000
982500
90
356500
439500
796000
95
490500
260500
751000
100
816500
129000
945500
105
1304500
31000
1335500
110
1964000
1000
1965000
115
2890500
0
2890500
120
3871500
0
3871500
125
5230000
0
5230000
130
6607000
0
6607000
135
8012000
0
8012000
140
9451000
0
9451000
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.