thetaOwl

IRM

Iron Mountain Incorporated (DelClose $126.67EOD only
Max Pain
$123.00
Next expiry Aug 21, 2026
Expected Move
±$3.05
2.4% from close
Price Gap
-3.67
Distance to max pain
IV Rank
8
Low premium
P/C OI
1.15
Slightly put-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-08-21 shows max pain at $123.00 (3.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$123.00
Nearest expiry
Expected Move
±$3.05
±2.4%
Days to Expiry
3
Calendar days
Total Call OI
2,197
Nearest expiry
Total Put OI
2,916
Nearest expiry
P/C OI Ratio
1.33
Put-heavy
Spot Price
$126.67
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$123.008/7/2026, 11:17:12 PM
2026-08-14$115.008/14/2026, 11:19:40 PM
2026-08-21NextUpdated$123.008/18/2026, 11:19:51 PM
2026-08-28$126.008/18/2026, 11:19:51 PM
2026-09-04$124.008/18/2026, 11:19:51 PM
2026-09-11$120.008/18/2026, 11:19:51 PM
2026-09-18$120.008/18/2026, 11:19:51 PM
2026-09-25$120.008/18/2026, 11:19:51 PM
2026-10-02$120.008/18/2026, 11:19:51 PM
2026-10-16$120.008/18/2026, 11:19:51 PM
2026-12-18$110.008/18/2026, 11:19:51 PM
2027-01-15$105.008/18/2026, 11:19:51 PM
2027-03-19$115.008/18/2026, 11:19:51 PM
2027-06-17$120.008/18/2026, 11:19:51 PM
Selected expiration: 2026-08-21 at max pain $123.00.
IRM pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
80097204009720400
85200082624008264400
901250068044006816900
953100053634005394400
1004950039234003972900
1056800024839002551900
1098280016671001749900
1108650014671001553600
1119090012697001360600
1129560010738001169400
113100500877900978400
114105500682000787500
115110900489900600800
116117900411900529800
118131900263100395000
119139000188900327900
120146300115900262200
12115820090500248700
12217380068400242200
12318950051700241200
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.