This page reflects FRPT 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 — FRPT
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $62.50 (10.13 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$62.50
Nearest expiry
Expected Move
±$2.85
±3.9%
Days to Expiry
3
Calendar days
Total Call OI
2,002
Nearest expiry
Total Put OI
1,522
Nearest expiry
P/C OI Ratio
0.76
Put-heavy
Spot Price
$72.63
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
$47.50
6/18/2026, 11:14:12 PM
2026-07-17
$57.50
7/17/2026, 11:12:51 PM
2026-08-21NextUpdated
$62.50
8/18/2026, 11:14:10 PM
2026-09-18
$62.50
8/18/2026, 11:14:10 PM
2026-11-20
$55.00
8/18/2026, 11:14:10 PM
2026-12-18
$55.00
8/18/2026, 11:14:10 PM
2027-01-15
$70.00
8/18/2026, 11:14:10 PM
2027-02-19
$50.00
8/18/2026, 11:14:10 PM
Selected expiration: 2026-08-21 at max pain $62.50.
FRPT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
27.5
0
4530750
4530750
30
0
4150500
4150500
32.5
0
3771750
3771750
35
0
3394500
3394500
37.5
0
3023250
3023250
40
0
2663500
2663500
42.5
0
2307250
2307250
45
19000
1978500
1997500
47.5
38750
1661250
1700000
50
63500
1397000
1460500
52.5
91750
1143000
1234750
55
120250
921500
1041750
57.5
177500
703000
880500
60
284500
520250
804750
62.5
393500
345000
738500
65
519750
231500
751250
67.5
760250
164000
924250
70
1079000
99000
1178000
72.5
1410250
37000
1447250
75
1744250
10500
1754750
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.