thetaOwl

IONQ

IonQ, Inc.Close $44.12EOD only
Max Pain
$45.00
Next expiry Aug 21, 2026
Expected Move
±$2.72
6.2% from close
Price Gap
+0.88
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.87
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-08-21 shows max pain at $45.00 (0.88 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$45.00
Nearest expiry
Expected Move
±$2.72
±6.2%
Days to Expiry
3
Calendar days
Total Call OI
99,617
Nearest expiry
Total Put OI
67,037
Nearest expiry
P/C OI Ratio
0.67
Put-heavy
Spot Price
$44.12
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$38.508/7/2026, 11:17:33 PM
2026-08-14$40.008/14/2026, 11:17:15 PM
2026-08-21NextUpdated$45.008/18/2026, 11:22:41 PM
2026-08-28$41.008/18/2026, 11:22:41 PM
2026-09-04$36.008/18/2026, 11:22:41 PM
2026-09-11$36.008/18/2026, 11:22:41 PM
2026-09-18$50.008/18/2026, 11:22:41 PM
2026-09-25$43.008/18/2026, 11:22:41 PM
2026-10-02$42.008/18/2026, 11:22:41 PM
2026-10-16$45.008/18/2026, 11:22:41 PM
2026-11-20$50.008/18/2026, 11:22:41 PM
2026-12-18$45.008/18/2026, 11:22:41 PM
2027-01-15$40.008/18/2026, 11:22:41 PM
2027-03-19$50.008/18/2026, 11:22:41 PM
2027-06-17$40.008/18/2026, 11:22:41 PM
Selected expiration: 2026-08-21 at max pain $45.00.
IONQ pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
100189340600189340600
12.50172582850172582850
156750155825100155831850
17.522000140447100140469100
2042500126619850126662350
22.563750113609350113673100
2478150106285150106363300
2587850101403050101490900
261276509652105096648700
271686509164605091814700
282096508677115086980800
28.52301508433380084563950
292506508189775082148400
29.52714507946185079733300
302922507707670077368950
30.53408007469170075032500
313897507231045072700200
31.54388006993000070368800
324879006755195068039850
32.55371506519420065731350
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.