This page reflects HAS 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 — HAS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $90.00 (3.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$3.47
±3.7%
Days to Expiry
3
Calendar days
Total Call OI
7,143
Nearest expiry
Total Put OI
11,471
Nearest expiry
P/C OI Ratio
1.61
Put-heavy
Spot Price
$93.99
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
$100.00
6/18/2026, 11:15:30 PM
2026-07-17
$85.00
7/17/2026, 11:20:21 PM
2026-08-21NextUpdated
$90.00
8/18/2026, 11:15:21 PM
2026-09-18
$87.50
8/18/2026, 11:15:21 PM
2026-10-16
$90.00
8/18/2026, 11:15:21 PM
2026-12-18
$90.00
8/18/2026, 11:15:21 PM
2027-01-15
$77.50
8/18/2026, 11:15:21 PM
2027-03-19
$80.00
8/18/2026, 11:15:21 PM
2027-06-17
$75.00
8/18/2026, 11:15:21 PM
Selected expiration: 2026-08-21 at max pain $90.00.
HAS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
34374000
34374000
60
2500
28639000
28641500
65
9000
23081500
23090500
67.5
12250
20320750
20333000
70
15500
17561750
17577250
72.5
19250
14832250
14851500
75
23000
12107500
12130500
77.5
30500
10164500
10195000
80
40500
8279250
8319750
82.5
65750
6620750
6686500
85
462750
5200000
5662750
87.5
893500
4124750
5018250
90
1599250
3212750
4812000
92.5
2628750
2384000
5012750
95
3740250
1569250
5309500
97.5
5012500
782500
5795000
100
6316250
0
6316250
105
9556750
0
9556750
110
12975250
0
12975250
115
16403750
0
16403750
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.