thetaOwl

GRMN

Garmin Ltd.Close $297.44EOD only
Max Pain
$270.00
Next expiry Aug 21, 2026
Expected Move
±$6.12
2.1% from close
Price Gap
-27.44
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.62
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects GRMN 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 — GRMN
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $270.00 (27.44 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$270.00
Nearest expiry
Expected Move
±$6.12
±2.1%
Days to Expiry
3
Calendar days
Total Call OI
2,545
Nearest expiry
Total Put OI
1,361
Nearest expiry
P/C OI Ratio
0.53
Put-heavy
Spot Price
$297.44
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-06-18$230.006/18/2026, 11:15:58 PM
2026-07-17$230.007/17/2026, 11:18:04 PM
2026-08-21NextUpdated$270.008/18/2026, 11:14:52 PM
2026-09-18$300.008/18/2026, 11:14:52 PM
2026-10-16$260.008/18/2026, 11:14:52 PM
2026-12-18$240.008/18/2026, 11:14:52 PM
2027-01-15$270.008/18/2026, 11:14:52 PM
2027-02-19$320.008/18/2026, 11:14:52 PM
2027-05-21$300.008/18/2026, 11:14:52 PM
Selected expiration: 2026-08-21 at max pain $270.00.
GRMN pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
16501264300012643000
1705001196250011963000
17540001128200011286000
180110001060150010612500
1851800099235009941500
1902500092460009271000
1953300085795008612500
2004250079150007957500
2106150066040006665500
2209350053320005425500
23013150040750004206500
24019050031630003353500
25045450023360002790500
26078250016550002437500
270136950010010002370500
28021365003800002516500
29029705001630003133500
3003837500430003880500
310476750070004774500
320588750020005889500
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.