This page reflects HTGC 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 — HTGC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $17.00 (0.35 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.00
Nearest expiry
Expected Move
±$0.60
±3.6%
Days to Expiry
3
Calendar days
Total Call OI
1,814
Nearest expiry
Total Put OI
7,805
Nearest expiry
P/C OI Ratio
4.30
Put-heavy
Spot Price
$16.65
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
$15.00
6/18/2026, 11:16:54 PM
2026-07-17
$16.00
7/17/2026, 11:19:59 PM
2026-08-21NextUpdated
$17.00
8/18/2026, 11:16:57 PM
2026-09-18
$16.00
8/18/2026, 11:16:57 PM
2026-10-16
$16.00
8/18/2026, 11:16:57 PM
2026-11-20
$17.00
8/18/2026, 11:16:57 PM
2026-12-18
$15.00
8/18/2026, 11:16:57 PM
2027-01-15
$15.00
8/18/2026, 11:16:57 PM
Selected expiration: 2026-08-21 at max pain $17.00.
HTGC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
7789200
7789200
8
0
5450700
5450700
9
0
4671200
4671200
10
0
3892900
3892900
11
100
3120300
3120400
12
300
2374100
2374400
13
600
1635000
1635600
14
1200
918900
920100
15
2100
292900
295000
16
3700
121000
124700
17
21000
7500
28500
18
107300
5300
112600
19
204700
3100
207800
20
307700
900
308600
21
482000
400
482400
22
656400
300
656700
23
837600
200
837800
25
1200000
0
1200000
30
2106000
0
2106000
35
3012000
0
3012000
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.