thetaOwl

INOD

Innodata Inc.Close $61.62EOD only
Max Pain
$64.00
Next expiry Aug 21, 2026
Expected Move
±$4.03
6.5% from close
Price Gap
+2.38
Distance to max pain
IV Rank
87
High premium
P/C OI
1.33
Slightly put-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-08-21 shows max pain at $64.00 (2.38 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$64.00
Nearest expiry
Expected Move
±$4.03
±6.5%
Days to Expiry
3
Calendar days
Total Call OI
8,931
Nearest expiry
Total Put OI
22,755
Nearest expiry
P/C OI Ratio
2.55
Put-heavy
Spot Price
$61.62
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$66.008/7/2026, 11:20:39 PM
2026-08-14$62.008/14/2026, 11:18:34 PM
2026-08-21NextUpdated$64.008/18/2026, 11:17:27 PM
2026-08-28$65.008/18/2026, 11:17:27 PM
2026-09-04$65.008/18/2026, 11:17:27 PM
2026-09-11$65.008/18/2026, 11:17:27 PM
2026-09-18$65.008/18/2026, 11:17:27 PM
2026-09-25$65.008/18/2026, 11:17:27 PM
2026-10-02$62.008/18/2026, 11:17:27 PM
2026-11-20$65.008/18/2026, 11:17:27 PM
2027-01-15$45.008/18/2026, 11:17:27 PM
2027-02-19$55.008/18/2026, 11:17:27 PM
Selected expiration: 2026-08-21 at max pain $64.00.
INOD pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
2003400180034001800
22.52502831305028313300
2560002262430022630300
30360001125230011288300
3511000091893009299300
4018400072928007476800
4528600057238006009800
4838320048358005219000
4941570045436004959300
5044820042520004700200
5152370039773004501000
5260040037055004305900
5367820034346004112800
5475690031653003922200
5583590028965003732400
5693580026668003602600
57103610024387003474800
58113650022211003357600
59123830020070003245300
60134070017983003139000
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.