This page reflects IMOS options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — IMOS
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $55.00 (2.24 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$55.00
Nearest expiry
Expected Move
±$5.75
±10.0%
Days to Expiry
4
Calendar days
Total Call OI
148
Nearest expiry
Total Put OI
35
Nearest expiry
P/C OI Ratio
0.24
Put-heavy
Spot Price
$57.24
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
$35.00
6/18/2026, 11:18:22 PM
2026-07-17
$70.00
7/17/2026, 11:18:19 PM
2026-08-21NextUpdated
$55.00
8/17/2026, 11:18:54 PM
2026-09-18
$40.00
8/17/2026, 11:18:54 PM
2026-12-18
$40.00
8/17/2026, 11:18:54 PM
2027-03-19
$30.00
8/17/2026, 11:18:54 PM
Selected expiration: 2026-08-21 at max pain $55.00.
IMOS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
68500
68500
40
0
34500
34500
45
500
18000
18500
50
1000
11500
12500
55
1500
5000
6500
60
13500
1500
15000
65
32500
500
33000
70
67500
0
67500
75
119500
0
119500
80
175000
0
175000
85
243000
0
243000
90
316500
0
316500
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.