This page reflects GILD 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 — GILD
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $130.00 (13.44 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$130.00
Nearest expiry
Expected Move
±$2.79
±1.9%
Days to Expiry
3
Calendar days
Total Call OI
25,485
Nearest expiry
Total Put OI
9,772
Nearest expiry
P/C OI Ratio
0.38
Put-heavy
Spot Price
$143.44
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
$131.00
8/7/2026, 11:14:51 PM
2026-08-14
$130.00
8/14/2026, 11:15:55 PM
2026-08-21NextUpdated
$130.00
8/18/2026, 11:16:05 PM
2026-08-28
$131.00
8/18/2026, 11:16:05 PM
2026-09-04
$132.00
8/18/2026, 11:16:05 PM
2026-09-11
$135.00
8/18/2026, 11:16:05 PM
2026-09-18
$130.00
8/18/2026, 11:16:05 PM
2026-09-25
$133.00
8/18/2026, 11:16:05 PM
2026-10-16
$130.00
8/18/2026, 11:16:05 PM
2026-11-20
$130.00
8/18/2026, 11:16:05 PM
2026-12-18
$130.00
8/18/2026, 11:16:05 PM
2027-01-15
$105.00
8/18/2026, 11:16:05 PM
2027-02-19
$130.00
8/18/2026, 11:16:05 PM
2027-03-19
$130.00
8/18/2026, 11:16:05 PM
2027-06-17
$97.50
8/18/2026, 11:16:05 PM
Selected expiration: 2026-08-21 at max pain $130.00.
GILD pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
65
0
59085000
59085000
70
1500
54204000
54205500
75
3000
49339500
49342500
80
4500
44477000
44481500
85
6000
39616500
39622500
90
8000
34756500
34764500
95
10000
29922500
29932500
100
21500
25100000
25121500
105
85500
20484500
20570000
110
184500
15923500
16108000
115
325000
11660000
11985000
117
404600
10081800
10486400
118
444400
9292900
9737300
119
484200
8504700
8988900
120
524300
7717100
8241400
121
571800
7030800
7602600
122
619300
6345500
6964800
123
666800
5673700
6340500
124
714300
5007600
5721900
125
761800
4342200
5104000
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.