This page reflects JMIA 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 — JMIA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $7.00 (0.66 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$7.00
Nearest expiry
Expected Move
±$0.43
±6.7%
Days to Expiry
3
Calendar days
Total Call OI
26,311
Nearest expiry
Total Put OI
6,994
Nearest expiry
P/C OI Ratio
0.27
Put-heavy
Spot Price
$6.34
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
$6.50
8/7/2026, 11:18:08 PM
2026-08-14
$6.00
8/14/2026, 11:20:22 PM
2026-08-21NextUpdated
$7.00
8/18/2026, 11:18:21 PM
2026-08-28
$5.50
8/18/2026, 11:18:21 PM
2026-09-04
$1.00
8/18/2026, 11:18:21 PM
2026-09-11
$2.00
8/18/2026, 11:18:21 PM
2026-09-18
$6.00
8/18/2026, 11:18:21 PM
2026-09-25
$6.00
8/18/2026, 11:18:21 PM
2026-10-02
$5.00
8/18/2026, 11:18:21 PM
2026-11-20
$8.00
8/18/2026, 11:18:21 PM
2027-01-15
$7.00
8/18/2026, 11:18:21 PM
2027-02-19
$6.00
8/18/2026, 11:18:21 PM
Selected expiration: 2026-08-21 at max pain $7.00.
JMIA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
4318050
4318050
2
100
3618850
3618950
3
400
2919750
2920150
3.5
750
2571050
2571800
4
1100
2222450
2223550
4.5
4700
1905650
1910350
5
8400
1589500
1597900
5.5
77800
1319400
1397200
6
148350
1058050
1206400
6.5
280100
866550
1146650
7
446400
675250
1121650
7.5
663350
582050
1245400
8
901750
490400
1392150
8.5
1200450
408650
1609100
9
1500000
327100
1827100
9.5
1870250
248450
2118700
10
2240750
170100
2410850
10.5
3023150
92200
3115350
11
3805550
14300
3819850
11.5
4611250
12650
4623900
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.