FactSet Research Systems Inc.Close $285.41EOD only
Max Pain
$260.00
Next expiry Aug 21, 2026
Expected Move
±$10.70
3.8% from close
Price Gap
-25.41
Distance to max pain
IV Rank
21
Low premium
P/C OI
1.95
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects FDS 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 — FDS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $260.00 (25.41 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$260.00
Nearest expiry
Expected Move
±$10.70
±3.8%
Days to Expiry
3
Calendar days
Total Call OI
2,086
Nearest expiry
Total Put OI
1,071
Nearest expiry
P/C OI Ratio
0.51
Put-heavy
Spot Price
$285.41
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
$230.00
6/18/2026, 11:13:49 PM
2026-07-17
$240.00
7/17/2026, 11:16:15 PM
2026-08-21NextUpdated
$260.00
8/18/2026, 11:13:22 PM
2026-09-18
$240.00
8/18/2026, 11:13:22 PM
2026-10-16
$310.00
8/18/2026, 11:13:22 PM
2026-11-20
$250.00
8/18/2026, 11:13:22 PM
2026-12-18
$250.00
8/18/2026, 11:13:22 PM
2027-01-15
$300.00
8/18/2026, 11:13:22 PM
2027-02-19
$280.00
8/18/2026, 11:13:22 PM
2027-03-19
$310.00
8/18/2026, 11:13:22 PM
Selected expiration: 2026-08-21 at max pain $260.00.
FDS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
140
0
9655500
9655500
145
0
9120500
9120500
150
0
8586000
8586000
155
1000
8052000
8053000
160
2000
7518500
7520500
165
3000
6985500
6988500
170
4000
6453500
6457500
175
5000
5922000
5927000
180
6500
5391000
5397500
185
8500
4920500
4929000
190
10500
4453500
4464000
195
12500
3991000
4003500
200
14500
3556000
3570500
210
22500
2700000
2722500
220
34500
1953000
1987500
230
49500
1329000
1378500
240
103500
843000
946500
250
194500
476000
670500
260
311500
208000
519500
270
1082500
43000
1125500
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.