This page reflects FIVN 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 — FIVN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $25.00 (7.45 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$25.00
Nearest expiry
Expected Move
±$1.58
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
10,748
Nearest expiry
Total Put OI
5,786
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$32.45
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
$20.00
6/18/2026, 11:14:28 PM
2026-07-17
$20.00
7/17/2026, 11:14:01 PM
2026-08-21NextUpdated
$25.00
8/18/2026, 11:13:44 PM
2026-09-18
$27.50
8/18/2026, 11:13:44 PM
2026-10-16
$22.50
8/18/2026, 11:13:44 PM
2027-01-15
$20.00
8/18/2026, 11:13:44 PM
Selected expiration: 2026-08-21 at max pain $25.00.
FIVN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
12.5
0
5581750
5581750
15
0
4234250
4234250
17.5
1000
2920250
2921250
20
5750
1705750
1711500
22.5
240500
896750
1137250
25
769000
297500
1066500
27.5
1931750
149500
2081250
30
3600000
81000
3681000
32.5
5782750
41500
5824250
35
8157000
25000
8182000
37.5
10728750
12500
10741250
40
13348500
0
13348500
42.5
15985250
0
15985250
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.