thetaOwl

EXPD

Expeditors International of WasClose $185.95EOD only
Max Pain
$165.00
Next expiry Aug 21, 2026
Expected Move
±$4.38
2.4% from close
Price Gap
-20.95
Distance to max pain
IV Rank
97
High premium
P/C OI
0.71
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-08-21 shows max pain at $165.00 (20.95 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$165.00
Nearest expiry
Expected Move
±$4.38
±2.4%
Days to Expiry
3
Calendar days
Total Call OI
2,124
Nearest expiry
Total Put OI
2,320
Nearest expiry
P/C OI Ratio
1.09
Put-heavy
Spot Price
$185.95
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$150.006/18/2026, 11:10:44 PM
2026-07-17$160.007/17/2026, 11:13:20 PM
2026-08-21NextUpdated$165.008/18/2026, 11:13:23 PM
2026-09-18$185.008/18/2026, 11:13:23 PM
2026-11-20$165.008/18/2026, 11:13:23 PM
2027-02-19$180.008/18/2026, 11:13:23 PM
Selected expiration: 2026-08-21 at max pain $165.00.
EXPD pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
8001778600017786000
8501662750016627500
9001547750015477500
9501432950014329500
10001318550013185500
10501204650012046500
11001091450010914500
115150097915009793000
120350086785008682000
125550075700007575500
130750065580006565500
135950055755005585000
1401350046070004620500
14511000037140003824000
15026750028715003139000
15548750020710002558500
16078400013275002111500
16511290006715001800500
17015910003620001953000
17521520001525002304500
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.