This page reflects FTK 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 — FTK
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $26.00 (1.02 below 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
±$2.10
±7.8%
Days to Expiry
3
Calendar days
Total Call OI
579
Nearest expiry
Total Put OI
715
Nearest expiry
P/C OI Ratio
1.23
Put-heavy
Spot Price
$27.02
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
8/18/2026, 11:14:09 PM
2026-09-18
$25.00
8/18/2026, 11:14:09 PM
2026-12-18
$18.00
8/18/2026, 11:14:09 PM
2027-03-19
$30.00
8/18/2026, 11:14:09 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
451300
451300
20
300
379800
380100
22
900
237800
238700
23
1200
177100
178300
24
3500
120400
123900
25
9000
64700
73700
26
17000
43800
60800
27
43600
24500
68100
28
74200
5200
79400
29
109800
3400
113200
30
146900
1600
148500
31
186900
1300
188200
32
228200
1000
229200
34
311400
400
311800
35
353000
200
353200
36
408800
100
408900
37
464700
0
464700
38
520700
0
520700
39
578000
0
578000
40
635600
0
635600
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.