This page reflects EXPE 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 — EXPE
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $310.00 (11.42 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$310.00
Nearest expiry
Expected Move
±$9.40
±2.9%
Days to Expiry
3
Calendar days
Total Call OI
4,770
Nearest expiry
Total Put OI
5,542
Nearest expiry
P/C OI Ratio
1.16
Put-heavy
Spot Price
$321.42
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
$290.00
8/7/2026, 11:14:20 PM
2026-08-14
$297.50
8/14/2026, 11:13:47 PM
2026-08-21NextUpdated
$310.00
8/18/2026, 11:13:11 PM
2026-08-28
$295.00
8/18/2026, 11:13:11 PM
2026-09-04
$310.00
8/18/2026, 11:13:11 PM
2026-09-11
$305.00
8/18/2026, 11:13:11 PM
2026-09-18
$250.00
8/18/2026, 11:13:11 PM
2026-09-25
$305.00
8/18/2026, 11:13:11 PM
2026-10-02
$285.00
8/18/2026, 11:13:11 PM
2026-10-16
$310.00
8/18/2026, 11:13:11 PM
2026-12-18
$210.00
8/18/2026, 11:13:11 PM
2027-01-15
$240.00
8/18/2026, 11:13:11 PM
2027-03-19
$240.00
8/18/2026, 11:13:11 PM
2027-06-17
$250.00
8/18/2026, 11:13:11 PM
Selected expiration: 2026-08-21 at max pain $310.00.
EXPE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
155
0
69010750
69010750
160
1500
66247750
66249250
165
3500
63490250
63493750
170
6000
60732750
60738750
175
9000
57977750
57986750
180
13000
55223250
55236250
185
18000
52475750
52493750
190
23000
49741250
49764250
195
28500
47029250
47057750
200
34000
44320250
44354250
205
42500
41722750
41765250
210
52000
39193250
39245250
215
62500
36706250
36768750
220
73500
34221750
34295250
225
107000
31758250
31865250
230
140500
29345750
29486250
235
178000
26946750
27124750
240
217000
24572250
24789250
242.5
238500
23407250
23645750
245
260250
22242250
22502500
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.