This page reflects JBL 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 — JBL
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $325.00 (13.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$325.00
Nearest expiry
Expected Move
±$14.15
±4.2%
Days to Expiry
3
Calendar days
Total Call OI
3,493
Nearest expiry
Total Put OI
4,312
Nearest expiry
P/C OI Ratio
1.23
Put-heavy
Spot Price
$338.62
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
2026-08-07
$340.00
8/7/2026, 11:20:43 PM
2026-08-14
$315.00
8/14/2026, 11:20:23 PM
2026-08-21NextUpdated
$325.00
8/18/2026, 11:17:40 PM
2026-08-28
$350.00
8/18/2026, 11:17:40 PM
2026-09-04
$325.00
8/18/2026, 11:17:40 PM
2026-09-11
$370.00
8/18/2026, 11:17:40 PM
2026-09-18
$310.00
8/18/2026, 11:17:40 PM
2026-09-25
$350.00
8/18/2026, 11:17:40 PM
2026-10-02
$315.00
8/18/2026, 11:17:40 PM
2026-12-18
$300.00
8/18/2026, 11:17:40 PM
2027-01-15
$260.00
8/18/2026, 11:17:40 PM
2027-03-19
$280.00
8/18/2026, 11:17:40 PM
2027-06-17
$260.00
8/18/2026, 11:17:40 PM
Selected expiration: 2026-08-21 at max pain $325.00.
JBL pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
220
0
35801000
35801000
225
500
33654500
33655000
230
1500
31508000
31509500
235
2500
29368500
29371000
240
3500
27230500
27234000
245
5000
25102000
25107000
250
6500
22976000
22982500
255
10000
20975000
20985000
260
15000
19033500
19048500
265
20500
17156500
17177000
270
26000
15290000
15316000
275
32000
13483000
13515000
277.5
35000
12581500
12616500
280
38000
11680750
11718750
282.5
41250
10818750
10860000
285
44500
9958000
10002500
287.5
47750
9161500
9209250
290
51000
8370000
8421000
292.5
56750
7653750
7710500
295
62500
6937750
7000250
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.