This page reflects FTNT 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 — FTNT
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $155.00 (3.01 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$5.21
±3.3%
Days to Expiry
3
Calendar days
Total Call OI
14,012
Nearest expiry
Total Put OI
19,238
Nearest expiry
P/C OI Ratio
1.37
Put-heavy
Spot Price
$158.01
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
$155.00
8/7/2026, 11:16:15 PM
2026-08-14
$160.00
8/14/2026, 11:14:57 PM
2026-08-21NextUpdated
$155.00
8/18/2026, 11:17:10 PM
2026-08-28
$165.00
8/18/2026, 11:17:10 PM
2026-09-04
$155.00
8/18/2026, 11:17:10 PM
2026-09-11
$160.00
8/18/2026, 11:17:10 PM
2026-09-18
$150.00
8/18/2026, 11:17:10 PM
2026-09-25
$150.00
8/18/2026, 11:17:10 PM
2026-10-02
$155.00
8/18/2026, 11:17:10 PM
2026-10-16
$160.00
8/18/2026, 11:17:10 PM
2026-12-18
$105.00
8/18/2026, 11:17:10 PM
2027-01-15
$95.00
8/18/2026, 11:17:10 PM
2027-03-19
$150.00
8/18/2026, 11:17:10 PM
2027-06-17
$140.00
8/18/2026, 11:17:10 PM
Selected expiration: 2026-08-21 at max pain $155.00.
FTNT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
152203650
152203650
75
1500
123346650
123348150
80
2000
113728150
113730150
85
2500
104111650
104114150
90
4000
94495150
94499150
95
14500
84878650
84893150
100
46000
75282650
75328650
105
113000
65927150
66040150
110
254000
56658150
56912150
115
434000
47645150
48079150
120
671000
38738150
39409150
125
942500
29948150
30890650
130
1230500
23054150
24284650
135
1592000
16423650
18015650
140
2173000
10118650
12291650
141
2305300
9312150
11617450
142
2438000
8506150
10944150
143
2570800
7701050
10271850
144
2703700
6900150
9603850
145
2837400
6101550
8938950
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.