This page reflects JNJ 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 — JNJ
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $252.50 (18.61 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$252.50
Nearest expiry
Expected Move
±$5.20
±1.9%
Days to Expiry
3
Calendar days
Total Call OI
39,172
Nearest expiry
Total Put OI
27,947
Nearest expiry
P/C OI Ratio
0.71
Put-heavy
Spot Price
$271.11
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
$255.00
8/7/2026, 11:16:06 PM
2026-08-14
$255.00
8/14/2026, 11:16:55 PM
2026-08-21NextUpdated
$252.50
8/18/2026, 11:17:37 PM
2026-08-28
$255.00
8/18/2026, 11:17:37 PM
2026-09-04
$260.00
8/18/2026, 11:17:37 PM
2026-09-11
$255.00
8/18/2026, 11:17:37 PM
2026-09-18
$240.00
8/18/2026, 11:17:37 PM
2026-09-25
$255.00
8/18/2026, 11:17:37 PM
2026-10-02
$260.00
8/18/2026, 11:17:37 PM
2026-10-16
$210.00
8/18/2026, 11:17:37 PM
2026-12-18
$200.00
8/18/2026, 11:17:37 PM
2027-01-15
$210.00
8/18/2026, 11:17:37 PM
2027-03-19
$230.00
8/18/2026, 11:17:37 PM
2027-06-17
$230.00
8/18/2026, 11:17:37 PM
Selected expiration: 2026-08-21 at max pain $252.50.
JNJ pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
145
0
254128500
254128500
150
23500
240209000
240232500
155
60000
226342000
226402000
160
106000
212515000
212621000
165
171500
198730500
198902000
170
248000
184987000
185235000
175
327500
171325000
171652500
180
418500
157797000
158215500
185
512500
144350500
144863000
190
613500
130996500
131610000
195
721500
118139000
118860500
200
839500
105509500
106349000
205
993000
93310500
94303500
210
1146500
81176500
82323000
215
1353000
70275500
71628500
220
1559500
59378500
60938000
225
2013500
49078000
51091500
230
2467500
38893500
41361000
232.5
2833250
34373500
37206750
235
3199250
29861250
33060500
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.