This page reflects ILMN 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 — ILMN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $190.00 (1.71 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$190.00
Nearest expiry
Expected Move
±$6.12
±3.3%
Days to Expiry
3
Calendar days
Total Call OI
2,401
Nearest expiry
Total Put OI
2,053
Nearest expiry
P/C OI Ratio
0.86
Put-heavy
Spot Price
$188.29
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
$130.00
6/18/2026, 11:18:00 PM
2026-07-17
$180.00
7/17/2026, 11:22:15 PM
2026-08-21NextUpdated
$190.00
8/18/2026, 11:17:28 PM
2026-09-18
$160.00
8/18/2026, 11:17:28 PM
2026-12-18
$150.00
8/18/2026, 11:17:28 PM
2027-01-15
$120.00
8/18/2026, 11:17:28 PM
2027-03-19
$195.00
8/18/2026, 11:17:28 PM
2027-06-17
$160.00
8/18/2026, 11:17:28 PM
Selected expiration: 2026-08-21 at max pain $190.00.
ILMN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
110
0
13748500
13748500
115
3500
12728000
12731500
120
8500
11707500
11716000
125
15500
10687000
10702500
130
23000
9674000
9697000
135
31000
8662000
8693000
140
44500
7662000
7706500
145
64500
6668000
6732500
150
86000
5681000
5767000
155
127500
4731000
4858500
160
170000
3858500
4028500
165
219000
3033000
3252000
170
276000
2226000
2502000
175
342500
1523000
1865500
180
418500
923500
1342000
185
516000
408000
924000
190
643500
49500
693000
195
859500
24500
884000
200
1107500
4000
1111500
210
2030500
0
2030500
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.