thetaOwl

IBKR

Interactive Brokers Group, Inc.Close $90.56EOD only
Max Pain
$92.00
Next expiry Aug 21, 2026
Expected Move
±$2.60
2.9% from close
Price Gap
+1.44
Distance to max pain
IV Rank
13
Low premium
P/C OI
0.61
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects IBKR 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 — IBKR
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $92.00 (1.44 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$92.00
Nearest expiry
Expected Move
±$2.60
±2.9%
Days to Expiry
3
Calendar days
Total Call OI
5,391
Nearest expiry
Total Put OI
6,758
Nearest expiry
P/C OI Ratio
1.25
Put-heavy
Spot Price
$90.56
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$88.008/7/2026, 11:16:53 PM
2026-08-14$88.008/14/2026, 11:17:38 PM
2026-08-21NextUpdated$92.008/18/2026, 11:17:52 PM
2026-08-28$85.008/18/2026, 11:17:52 PM
2026-09-04$90.008/18/2026, 11:17:52 PM
2026-09-11$90.008/18/2026, 11:17:52 PM
2026-09-18$80.008/18/2026, 11:17:52 PM
2026-09-25$90.008/18/2026, 11:17:52 PM
2026-10-02$85.008/18/2026, 11:17:52 PM
2026-12-18$85.008/18/2026, 11:17:52 PM
2027-01-15$46.258/18/2026, 11:17:52 PM
2027-03-19$70.008/18/2026, 11:17:52 PM
2027-06-17$85.008/18/2026, 11:17:52 PM
Selected expiration: 2026-08-21 at max pain $92.00.
IBKR pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
4502772760027727600
505002434860024349100
55365002096960021006100
60725001759610017668600
651085001422610014334600
701445001087210011016600
7518550077211007906600
7619370071092007302900
7821010058872006097300
7921940052773005496700
8022890046758004904700
8125050041446004395100
8227210036166003888700
8329370031433003437000
8431530026912003006500
8533960022646002604200
8636910019590002328100
8739990016606002060500
8843330013728001806100
8947110011045001575600
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.