This page reflects GPOR 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 — GPOR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $155.00 (15.98 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$155.00
Nearest expiry
Expected Move
±$2.95
±1.7%
Days to Expiry
3
Calendar days
Total Call OI
317
Nearest expiry
Total Put OI
548
Nearest expiry
P/C OI Ratio
1.73
Put-heavy
Spot Price
$170.98
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
$165.00
6/18/2026, 11:15:31 PM
2026-07-17
$160.00
7/17/2026, 11:18:37 PM
2026-08-21NextUpdated
$155.00
8/18/2026, 11:15:22 PM
2026-09-18
$155.00
8/18/2026, 11:15:22 PM
2026-10-16
$155.00
8/18/2026, 11:15:22 PM
2026-12-18
$195.00
8/18/2026, 11:15:22 PM
2027-01-15
$165.00
8/18/2026, 11:15:22 PM
Selected expiration: 2026-08-21 at max pain $155.00.
GPOR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
125
0
1504000
1504000
130
0
1230500
1230500
135
0
958500
958500
140
0
688000
688000
145
0
420000
420000
150
6000
174500
180500
155
14500
3500
18000
160
75500
0
75500
165
187500
0
187500
170
322000
0
322000
180
600000
0
600000
185
740000
0
740000
190
881500
0
881500
200
1167500
0
1167500
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.