This page reflects FTK options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — FTK
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $26.00 (0.83 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$26.00
Nearest expiry
Expected Move
±$1.93
±7.7%
Days to Expiry
2
Calendar days
Total Call OI
614
Nearest expiry
Total Put OI
710
Nearest expiry
P/C OI Ratio
1.16
Put-heavy
Spot Price
$25.17
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
$18.00
6/18/2026, 11:14:59 PM
2026-07-17
$20.00
7/17/2026, 11:17:11 PM
2026-08-21NextUpdated
$26.00
8/19/2026, 11:15:32 PM
2026-09-18
$25.00
8/19/2026, 11:15:32 PM
2026-12-18
$18.00
8/19/2026, 11:15:32 PM
2027-03-19
$28.00
8/19/2026, 11:15:32 PM
Selected expiration: 2026-08-21 at max pain $26.00.
FTK pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
444600
444600
20
300
373600
373900
22
900
232600
233500
23
1200
172400
173600
24
3500
116200
119700
25
9000
61000
70000
26
17000
40600
57600
27
42900
21800
64700
28
72800
3000
75800
29
108000
1500
109500
30
148800
0
148800
31
192300
0
192300
32
237100
0
237100
34
327300
0
327300
35
372400
0
372400
36
431700
0
431700
37
491100
0
491100
38
550600
0
550600
39
611400
0
611400
40
672500
0
672500
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.