This page reflects GEO 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 — GEO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $24.00 (6.91 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$24.00
Nearest expiry
Expected Move
±$1.00
±3.2%
Days to Expiry
3
Calendar days
Total Call OI
69,315
Nearest expiry
Total Put OI
2,629
Nearest expiry
P/C OI Ratio
0.04
Put-heavy
Spot Price
$30.91
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
$17.00
6/18/2026, 11:14:19 PM
2026-07-17
$23.00
7/17/2026, 11:18:25 PM
2026-08-21NextUpdated
$24.00
8/18/2026, 11:14:22 PM
2026-09-18
$20.00
8/18/2026, 11:14:22 PM
2026-10-16
$33.00
8/18/2026, 11:14:22 PM
2026-11-20
$25.00
8/18/2026, 11:14:22 PM
2026-12-18
$20.00
8/18/2026, 11:14:22 PM
2027-01-15
$18.00
8/18/2026, 11:14:22 PM
2027-03-19
$31.00
8/18/2026, 11:14:22 PM
Selected expiration: 2026-08-21 at max pain $24.00.
GEO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
3
0
6307000
6307000
4
0
6044100
6044100
5
0
5781300
5781300
6
0
5518500
5518500
7
0
5256000
5256000
8
0
4993600
4993600
9
0
4731300
4731300
11
200
4206700
4206900
12
300
3944900
3945200
13
400
3687500
3687900
14
700
3430400
3431100
15
1100
3173600
3174700
16
5400
2917300
2922700
17
12100
2661000
2673100
18
21600
2408700
2430300
19
32500
2160200
2192700
20
61200
1914600
1975800
21
129400
1675800
1805200
22
206600
1439200
1645800
23
290800
1204800
1495600
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.