This page reflects INSP 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 — INSP
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $50.00 (7.38 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$50.00
Nearest expiry
Expected Move
±$3.50
±6.1%
Days to Expiry
3
Calendar days
Total Call OI
954
Nearest expiry
Total Put OI
774
Nearest expiry
P/C OI Ratio
0.81
Put-heavy
Spot Price
$57.38
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
$40.00
6/18/2026, 11:16:00 PM
2026-07-17
$45.00
7/17/2026, 11:18:22 PM
2026-08-21NextUpdated
$50.00
8/18/2026, 11:22:24 PM
2026-09-18
$55.00
8/18/2026, 11:22:24 PM
2026-11-20
$50.00
8/18/2026, 11:22:24 PM
2026-12-18
$135.00
8/18/2026, 11:22:24 PM
2027-01-15
$50.00
8/18/2026, 11:22:24 PM
2027-03-19
$25.00
8/18/2026, 11:22:24 PM
Selected expiration: 2026-08-21 at max pain $50.00.
INSP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
22.5
0
2125500
2125500
25
0
1932500
1932500
30
0
1551500
1551500
35
0
1218500
1218500
40
0
894500
894500
45
54500
632500
687000
50
128500
392000
520500
55
267500
266500
534000
60
453000
161000
614000
65
719000
125000
844000
70
1009000
99500
1108500
75
1366500
75000
1441500
80
1791500
58500
1850000
85
2241000
42000
2283000
90
2690500
27500
2718000
95
3147000
15000
3162000
100
3618500
7500
3626000
105
4090000
0
4090000
110
4561500
0
4561500
115
5033000
0
5033000
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.