Installed Building Products, InClose $238.59EOD only
Max Pain
$250.00
Next expiry Aug 21, 2026
Expected Move
±$8.35
3.5% from close
Price Gap
+11.41
Distance to max pain
IV Rank
14
Low premium
P/C OI
21.06
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects IBP 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 — IBP
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $250.00 (11.41 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$250.00
Nearest expiry
Expected Move
±$8.35
±3.5%
Days to Expiry
3
Calendar days
Total Call OI
67
Nearest expiry
Total Put OI
4,740
Nearest expiry
P/C OI Ratio
70.75
Put-heavy
Spot Price
$238.59
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
$220.00
6/18/2026, 11:18:01 PM
2026-07-17
$200.00
7/17/2026, 11:21:34 PM
2026-08-21NextUpdated
$250.00
8/18/2026, 11:17:02 PM
2026-09-18
$270.00
8/18/2026, 11:17:02 PM
2026-12-18
$300.00
8/18/2026, 11:17:02 PM
Selected expiration: 2026-08-21 at max pain $250.00.
IBP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
155
0
34771000
34771000
160
0
32403000
32403000
165
0
30037000
30037000
170
0
27672000
27672000
175
0
25308000
25308000
185
0
20586000
20586000
190
0
18226000
18226000
195
0
15880000
15880000
200
500
13548000
13548500
210
11500
8884000
8895500
220
24500
5420000
5444500
230
38500
3210000
3248500
240
61500
1000000
1061500
250
87500
0
87500
260
121500
0
121500
270
162500
0
162500
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.