This page reflects ICHR 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 — ICHR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $70.00 (3.92 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$70.00
Nearest expiry
Expected Move
±$4.28
±6.5%
Days to Expiry
3
Calendar days
Total Call OI
5,006
Nearest expiry
Total Put OI
2,771
Nearest expiry
P/C OI Ratio
0.55
Put-heavy
Spot Price
$66.08
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
$67.50
6/18/2026, 11:18:38 PM
2026-07-17
$90.00
7/17/2026, 11:18:11 PM
2026-08-21NextUpdated
$70.00
8/18/2026, 11:18:46 PM
2026-09-18
$72.50
8/18/2026, 11:18:46 PM
2026-11-20
$62.50
8/18/2026, 11:18:46 PM
2026-12-18
$40.00
8/18/2026, 11:18:46 PM
2027-02-19
$77.50
8/18/2026, 11:18:46 PM
Selected expiration: 2026-08-21 at max pain $70.00.
ICHR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
7.5
0
14362250
14362250
10
0
13680750
13680750
12.5
0
13014500
13014500
15
500
12348250
12348750
17.5
1750
11682000
11683750
20
3250
11017500
11020750
22.5
4750
10353000
10357750
25
10000
9693750
9703750
27.5
23500
9035250
9058750
30
37250
8376750
8414000
32.5
52000
7721500
7773500
35
66750
7066500
7133250
37.5
83000
6414000
6497000
40
116750
5762500
5879250
42.5
154500
5130000
5284500
45
195500
4499750
4695250
47.5
240250
3889250
4129500
50
288000
3391000
3679000
52.5
339250
2934500
3273750
55
395250
2490000
2885250
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.