This page reflects GRAB 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 — GRAB
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $3.50 (0.05 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$3.50
Nearest expiry
Expected Move
±$0.13
±3.8%
Days to Expiry
3
Calendar days
Total Call OI
30,084
Nearest expiry
Total Put OI
10,431
Nearest expiry
P/C OI Ratio
0.35
Put-heavy
Spot Price
$3.45
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
$3.50
8/7/2026, 11:15:57 PM
2026-08-14
$3.50
8/14/2026, 11:16:03 PM
2026-08-21NextUpdated
$3.50
8/18/2026, 11:15:11 PM
2026-08-28
$3.50
8/18/2026, 11:15:11 PM
2026-09-04
$3.50
8/18/2026, 11:15:11 PM
2026-09-11
$3.50
8/18/2026, 11:15:11 PM
2026-09-18
$3.00
8/18/2026, 11:15:11 PM
2026-09-25
$3.50
8/18/2026, 11:15:11 PM
2026-10-02
$1.00
8/18/2026, 11:15:11 PM
2026-10-16
$4.00
8/18/2026, 11:15:11 PM
2027-01-15
$4.00
8/18/2026, 11:15:11 PM
2027-06-17
$3.50
8/18/2026, 11:15:11 PM
Selected expiration: 2026-08-21 at max pain $3.50.
GRAB pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
0.5
0
3125700
3125700
1
10900
2604550
2615450
1.5
30250
2083650
2113900
2
58250
1563050
1621300
2.5
90150
1043250
1133400
3
124000
523800
647800
3.5
282250
96950
379200
4
635850
48700
684550
4.5
1905500
34750
1940250
5
3234400
21400
3255800
5.5
4721850
9900
4731750
6
6210350
350
6210700
6.5
7714300
150
7714450
7
9218400
0
9218400
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.