thetaOwl

GLW

Corning IncorporatedClose $159.90EOD only
Max Pain
$160.00
Next expiry Aug 21, 2026
Expected Move
±$8.78
5.5% from close
Price Gap
+0.10
Distance to max pain
IV Rank
22
Low premium
P/C OI
1.02
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects GLW 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 — GLW
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $160.00 (0.10 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$160.00
Nearest expiry
Expected Move
±$8.78
±5.5%
Days to Expiry
3
Calendar days
Total Call OI
82,572
Nearest expiry
Total Put OI
52,468
Nearest expiry
P/C OI Ratio
0.64
Put-heavy
Spot Price
$159.90
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$144.008/7/2026, 11:16:24 PM
2026-08-14$157.508/14/2026, 11:14:34 PM
2026-08-21NextUpdated$160.008/18/2026, 11:17:35 PM
2026-08-28$155.008/18/2026, 11:17:35 PM
2026-09-04$165.008/18/2026, 11:17:35 PM
2026-09-11$155.008/18/2026, 11:17:35 PM
2026-09-18$150.008/18/2026, 11:17:35 PM
2026-09-25$155.008/18/2026, 11:17:35 PM
2026-10-02$160.008/18/2026, 11:17:35 PM
2026-10-16$145.008/18/2026, 11:17:35 PM
2026-11-20$140.008/18/2026, 11:17:35 PM
2026-12-18$165.008/18/2026, 11:17:35 PM
2027-01-15$125.008/18/2026, 11:17:35 PM
2027-02-19$170.008/18/2026, 11:17:35 PM
2027-03-19$165.008/18/2026, 11:17:35 PM
2027-04-16$150.008/18/2026, 11:17:35 PM
2027-05-21$165.008/18/2026, 11:17:35 PM
2027-06-17$160.008/18/2026, 11:17:35 PM
Selected expiration: 2026-08-21 at max pain $160.00.
GLW pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
450508523300508523300
47.5500495421300495421800
501500482334300482335800
5510000456174300456184300
6025000430040300430065300
6564000403933300403997300
70125500377876300378001800
75228000351929300352157300
77.5281250338967300339248550
80340000326011800326351800
82.5407000313080550313487550
85482250300210800300693050
87.5569500287418050287987550
90657250274733550275390800
92.5764750262137800262902550
95887000249582550250469550
97.51024250237184550238208800
1001179000224845050226024050
1051639000201495550203134550
1102138000178784050180922050
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.