This page reflects GSAT 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 — GSAT
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $80.00 (2.89 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$1.05
±1.3%
Days to Expiry
3
Calendar days
Total Call OI
954
Nearest expiry
Total Put OI
530
Nearest expiry
P/C OI Ratio
0.56
Put-heavy
Spot Price
$82.89
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
$80.00
6/18/2026, 11:16:35 PM
2026-07-17
$70.00
7/17/2026, 11:18:36 PM
2026-08-21NextUpdated
$80.00
8/18/2026, 11:16:58 PM
2026-09-18
$82.50
8/18/2026, 11:16:58 PM
2026-10-16
$80.00
8/18/2026, 11:16:58 PM
2027-01-15
$65.00
8/18/2026, 11:16:58 PM
2027-03-19
$85.00
8/18/2026, 11:16:58 PM
2027-06-17
$70.00
8/18/2026, 11:16:58 PM
Selected expiration: 2026-08-21 at max pain $80.00.
GSAT pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
1037750
1037750
65
0
775250
775250
70
0
512750
512750
72.5
1250
382000
383250
75
7000
251750
258750
77.5
12750
127750
140500
80
27250
28250
55500
82.5
90000
12000
102000
85
201000
4000
205000
87.5
359000
0
359000
90
521000
0
521000
95
884000
0
884000
100
1258000
0
1258000
105
1688500
0
1688500
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.