This page reflects GTLB 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 — GTLB
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $33.00 (8.50 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$33.00
Nearest expiry
Expected Move
±$2.62
±6.3%
Days to Expiry
3
Calendar days
Total Call OI
16,116
Nearest expiry
Total Put OI
9,572
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$41.50
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
$31.00
8/7/2026, 11:16:39 PM
2026-08-14
$35.00
8/14/2026, 11:15:07 PM
2026-08-21NextUpdated
$33.00
8/18/2026, 11:15:31 PM
2026-08-28
$35.00
8/18/2026, 11:15:31 PM
2026-09-04
$32.00
8/18/2026, 11:15:31 PM
2026-09-11
$37.00
8/18/2026, 11:15:31 PM
2026-09-18
$22.50
8/18/2026, 11:15:31 PM
2026-09-25
$35.00
8/18/2026, 11:15:31 PM
2026-10-02
$33.00
8/18/2026, 11:15:31 PM
2026-10-16
$30.00
8/18/2026, 11:15:31 PM
2026-11-20
$30.00
8/18/2026, 11:15:31 PM
2026-12-18
$25.00
8/18/2026, 11:15:31 PM
2027-01-15
$35.00
8/18/2026, 11:15:31 PM
2027-06-17
$27.50
8/18/2026, 11:15:31 PM
Selected expiration: 2026-08-21 at max pain $33.00.
GTLB pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
10
0
18807350
18807350
12.5
750
16414600
16415350
15
1750
14021850
14023600
17.5
4250
11629100
11633350
20
7000
9296100
9303100
22.5
12250
7277850
7290100
23
19450
6917850
6937300
24
33850
6197950
6231800
25
48250
5478250
5526500
26
97650
4891950
4989600
26.5
122700
4598800
4721500
27
147950
4308450
4456400
27.5
173450
4019300
4192750
28
225550
3769900
3995450
28.5
278000
3520800
3798800
29
330550
3271900
3602450
29.5
383350
3023400
3406750
30
436400
2775600
3212000
30.5
590550
2568800
3159350
31
744850
2362650
3107500
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.