This page reflects GPRE 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 — GPRE
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $16.00 (0.18 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$0.60
±3.7%
Days to Expiry
3
Calendar days
Total Call OI
4,831
Nearest expiry
Total Put OI
1,353
Nearest expiry
P/C OI Ratio
0.28
Put-heavy
Spot Price
$16.18
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
$14.00
6/18/2026, 11:16:11 PM
2026-07-17
$16.00
7/17/2026, 11:15:26 PM
2026-08-21NextUpdated
$16.00
8/18/2026, 11:19:00 PM
2026-09-18
$15.00
8/18/2026, 11:19:00 PM
2026-12-18
$10.00
8/18/2026, 11:19:00 PM
2027-01-15
$10.00
8/18/2026, 11:19:00 PM
2027-03-19
$20.00
8/18/2026, 11:19:00 PM
Selected expiration: 2026-08-21 at max pain $16.00.
GPRE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
7
0
1189500
1189500
9
0
920100
920100
10
0
786000
786000
11
100
652200
652300
12
200
518500
518700
13
3300
384800
388100
14
6400
251800
258200
15
9500
121600
131100
16
19300
49800
69100
17
85200
800
86000
18
203800
100
203900
19
357300
0
357300
20
619600
0
619600
21
1061800
0
1061800
22
1543900
0
1543900
23
2026500
0
2026500
24
2509300
0
2509300
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.