This page reflects GRND 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 — GRND
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $13.00 (2.96 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$13.00
Nearest expiry
Expected Move
±$0.48
±3.0%
Days to Expiry
3
Calendar days
Total Call OI
3,139
Nearest expiry
Total Put OI
695
Nearest expiry
P/C OI Ratio
0.22
Put-heavy
Spot Price
$15.96
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
$12.00
6/18/2026, 11:15:35 PM
2026-07-17
$12.00
7/17/2026, 11:19:01 PM
2026-08-21NextUpdated
$13.00
8/18/2026, 11:14:12 PM
2026-09-18
$15.00
8/18/2026, 11:14:12 PM
2026-11-20
$13.00
8/18/2026, 11:14:12 PM
2027-01-15
$12.00
8/18/2026, 11:14:12 PM
2027-02-19
$10.00
8/18/2026, 11:14:12 PM
Selected expiration: 2026-08-21 at max pain $13.00.
GRND pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
6
0
440100
440100
8
200
301100
301300
9
300
233900
234200
10
400
173000
173400
11
4600
129300
133900
12
10100
90800
100900
13
23900
56600
80500
14
51700
34700
86400
15
94600
15400
110000
16
150800
2400
153200
17
218900
800
219700
18
317100
0
317100
19
470500
0
470500
20
648300
0
648300
21
910500
0
910500
22
1181100
0
1181100
25
1995000
0
1995000
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.