This page reflects GO 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 — GO
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $9.00 (2.06 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$9.00
Nearest expiry
Expected Move
±$0.42
±3.8%
Days to Expiry
3
Calendar days
Total Call OI
11,043
Nearest expiry
Total Put OI
1,671
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$11.06
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
$7.50
6/18/2026, 11:14:29 PM
2026-07-17
$7.50
7/17/2026, 11:16:35 PM
2026-08-21NextUpdated
$9.00
8/18/2026, 11:16:56 PM
2026-09-18
$10.00
8/18/2026, 11:16:56 PM
2026-10-16
$7.50
8/18/2026, 11:16:56 PM
2027-01-15
$7.50
8/18/2026, 11:16:56 PM
Selected expiration: 2026-08-21 at max pain $9.00.
GO pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
1181700
1181700
2
4400
1014600
1019000
3
12100
847600
859700
4
21800
680700
702500
5
31500
522100
553600
6
42100
363500
405600
7
52700
205100
257800
8
65600
103000
168600
9
79100
25600
104700
10
256700
5900
262600
11
936000
200
936200
12
1997200
100
1997300
13
3101100
0
3101100
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.