This page reflects FSLY 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 — FSLY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $22.00 (4.59 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$22.00
Nearest expiry
Expected Move
±$1.78
±6.7%
Days to Expiry
3
Calendar days
Total Call OI
12,381
Nearest expiry
Total Put OI
5,945
Nearest expiry
P/C OI Ratio
0.48
Put-heavy
Spot Price
$26.59
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
$22.00
8/7/2026, 11:15:05 PM
2026-08-14
$22.50
8/14/2026, 11:18:20 PM
2026-08-21NextUpdated
$22.00
8/18/2026, 11:14:18 PM
2026-08-28
$25.00
8/18/2026, 11:14:18 PM
2026-09-04
$25.00
8/18/2026, 11:14:18 PM
2026-09-11
$24.00
8/18/2026, 11:14:18 PM
2026-09-18
$12.50
8/18/2026, 11:14:18 PM
2026-09-25
$25.00
8/18/2026, 11:14:18 PM
2026-10-02
$24.00
8/18/2026, 11:14:18 PM
2026-12-18
$20.00
8/18/2026, 11:14:18 PM
2027-01-15
$15.00
8/18/2026, 11:14:18 PM
2027-03-19
$25.00
8/18/2026, 11:14:18 PM
2027-07-16
$17.50
8/18/2026, 11:14:18 PM
Selected expiration: 2026-08-21 at max pain $22.00.
FSLY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
9782050
9782050
7.5
0
8334050
8334050
10
0
6886300
6886300
11
2800
6311900
6314700
12
6100
5738600
5744700
12.5
9900
5452700
5462600
13
14450
5173750
5188200
14
26550
4615950
4642500
15
38650
4058450
4097100
16
69750
3598250
3668000
16.5
85300
3376250
3461550
17
100850
3154700
3255550
17.5
126450
2933550
3060000
18
163800
2732500
2896300
18.5
201500
2534500
2736000
19
239450
2339750
2579200
19.5
277650
2148150
2425800
20
315950
1970400
2286350
20.5
385150
1814900
2200050
21
454650
1663100
2117750
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.