Establishment Labs Holdings IncClose $75.21EOD only
Max Pain
$90.00
Next expiry Aug 21, 2026
Expected Move
±$3.90
5.2% from close
Price Gap
+14.79
Distance to max pain
IV Rank
44
Middle-high premium
P/C OI
0.44
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects ESTA 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 — ESTA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $90.00 (14.79 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$3.90
±5.2%
Days to Expiry
3
Calendar days
Total Call OI
5,433
Nearest expiry
Total Put OI
3,406
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$75.21
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
$70.00
6/18/2026, 11:10:22 PM
2026-07-17
$85.00
7/17/2026, 11:13:56 PM
2026-08-21NextUpdated
$90.00
8/18/2026, 11:14:47 PM
2026-09-18
$80.00
8/18/2026, 11:14:47 PM
2026-11-20
$70.00
8/18/2026, 11:14:47 PM
2026-12-18
$50.00
8/18/2026, 11:14:47 PM
2027-02-19
$65.00
8/18/2026, 11:14:47 PM
Selected expiration: 2026-08-21 at max pain $90.00.
ESTA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
19000250
19000250
40
0
15594250
15594250
45
0
13891250
13891250
52.5
0
11336750
11336750
55
0
10486000
10486000
57.5
0
9635250
9635250
60
0
8784750
8784750
62.5
5250
7962750
7968000
65
10750
7145250
7156000
67.5
17500
6334250
6351750
70
24250
5523250
5547500
72.5
40250
4714250
4754500
75
164000
3909750
4073750
77.5
296000
3174000
3470000
80
432750
2442750
2875500
82.5
574500
1770250
2344750
85
721750
1100500
1822250
87.5
903500
529250
1432750
90
1252500
0
1252500
92.5
1713250
0
1713250
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.