This page reflects FITB 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 — FITB
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $55.00 (2.29 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$2.43
±4.2%
Days to Expiry
3
Calendar days
Total Call OI
16,326
Nearest expiry
Total Put OI
5,154
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$57.29
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
$50.00
6/18/2026, 11:14:29 PM
2026-07-17
$55.00
7/17/2026, 11:14:51 PM
2026-08-21NextUpdated
$55.00
8/18/2026, 11:13:03 PM
2026-09-18
$50.00
8/18/2026, 11:13:03 PM
2026-11-20
$55.00
8/18/2026, 11:13:03 PM
2026-12-18
$47.00
8/18/2026, 11:13:03 PM
2027-01-15
$47.00
8/18/2026, 11:13:03 PM
2027-02-19
$40.00
8/18/2026, 11:13:03 PM
2027-03-19
$45.00
8/18/2026, 11:13:03 PM
2027-06-17
$45.00
8/18/2026, 11:13:03 PM
Selected expiration: 2026-08-21 at max pain $55.00.
FITB pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
13313100
13313100
30
0
10737100
10737100
35
0
8176100
8176100
40
0
5621600
5621600
41
100
5113400
5113500
42
300
4608900
4609200
43
700
4106100
4106800
44
1100
3614400
3615500
45
1500
3127400
3128900
46
5300
2651300
2656600
47
21800
2196300
2218100
48
55800
1744900
1800700
49
100900
1479200
1580100
50
150600
1252000
1402600
55
484100
234500
718600
60
6047100
0
6047100
65
13849100
0
13849100
70
21998100
0
21998100
75
30160600
0
30160600
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.