This page reflects GME options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — GME
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $19.50 (1.10 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$19.50
Nearest expiry
Expected Move
±$0.53
±2.9%
Days to Expiry
4
Calendar days
Total Call OI
126,427
Nearest expiry
Total Put OI
39,608
Nearest expiry
P/C OI Ratio
0.31
Put-heavy
Spot Price
$18.40
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
$19.00
8/7/2026, 11:18:41 PM
2026-08-14
$19.00
8/14/2026, 11:16:15 PM
2026-08-21NextUpdated
$19.50
8/17/2026, 11:18:40 PM
2026-08-28
$19.50
8/17/2026, 11:18:40 PM
2026-09-04
$19.00
8/17/2026, 11:18:40 PM
2026-09-11
$19.50
8/17/2026, 11:18:40 PM
2026-09-18
$20.00
8/17/2026, 11:18:40 PM
2026-09-25
$20.00
8/17/2026, 11:18:40 PM
2026-10-02
$19.50
8/17/2026, 11:18:40 PM
2026-10-16
$20.00
8/17/2026, 11:18:40 PM
2026-12-18
$22.00
8/17/2026, 11:18:40 PM
2027-01-15
$22.00
8/17/2026, 11:18:40 PM
2027-03-19
$20.00
8/17/2026, 11:18:40 PM
2027-06-17
$18.00
8/17/2026, 11:18:40 PM
Selected expiration: 2026-08-21 at max pain $19.50.
GME pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
55936250
55936250
6
5700
51975450
51981150
7
11700
48014650
48026350
9
23900
40093050
40116950
10
30300
36132250
36162550
11
45700
32171450
32217150
12
61200
28210650
28271850
13
83200
24252050
24335250
14
132800
20369250
20502050
15
182400
16493450
16675850
16
408000
12846750
13254750
16.5
526200
11121450
11647650
17
644750
9400000
10044750
17.5
784300
7782200
8566500
18
934850
6288400
7223250
18.5
1140700
4989600
6130300
19
1542550
3814350
5356900
19.5
2291600
2989850
5281450
20
3289350
2250550
5539900
20.5
4909600
1602450
6512050
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.