Jones Lang LaSalle IncorporatedClose $371.03EOD only
Max Pain
$320.00
Next expiry Aug 21, 2026
Expected Move
±$9.10
2.5% from close
Price Gap
-51.03
Distance to max pain
IV Rank
20
Low premium
P/C OI
1.48
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects JLL 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 — JLL
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $320.00 (51.03 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$320.00
Nearest expiry
Expected Move
±$9.10
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
750
Nearest expiry
Total Put OI
243
Nearest expiry
P/C OI Ratio
0.32
Put-heavy
Spot Price
$371.03
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
$340.00
6/18/2026, 11:19:28 PM
2026-07-17
$300.00
7/17/2026, 11:21:57 PM
2026-08-21NextUpdated
$320.00
8/18/2026, 11:23:06 PM
2026-09-18
$330.00
8/18/2026, 11:23:06 PM
2026-11-20
$290.00
8/18/2026, 11:23:06 PM
2026-12-18
$320.00
8/18/2026, 11:23:06 PM
2027-03-19
$260.00
8/18/2026, 11:23:06 PM
Selected expiration: 2026-08-21 at max pain $320.00.
JLL pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
145
0
3667500
3667500
150
0
3547000
3547000
155
0
3427500
3427500
160
0
3308500
3308500
175
0
2953000
2953000
195
0
2481000
2481000
200
0
2363000
2363000
220
0
1891000
1891000
230
0
1667000
1667000
250
2000
1219000
1221000
260
6000
995000
1001000
270
10000
775000
785000
280
18000
569000
587000
290
26000
442000
468000
300
36000
323000
359000
310
53000
230000
283000
320
86000
151000
237000
330
259000
93000
352000
340
457000
50000
507000
350
745000
19000
764000
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.