What is KO max pain this week?

KO max pain for the nearest expiration (2026-08-21) is $82.50. Total call open interest: 100,256. Total put open interest: 70,101.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options KOMax Pain

KO

Coca-Cola Company (The)Close $88.82EOD only

Max Pain

$82.50

Next expiry Aug 21, 2026

Expected Move

±$1.32

1.5% from close

Price Gap

-6.32

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.79

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Aug 18, 2026 close

End-of-day snapshot

This page reflects KO 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 — KO

Data as of market close Aug 18, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $82.50 (6.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$82.50

Nearest expiry

Expected Move

±$1.32

±1.5%

Days to Expiry

Calendar days

Total Call OI

100,256

Nearest expiry

Total Put OI

70,101

Nearest expiry

P/C OI Ratio

0.70

Put-heavy

Spot Price

$88.82

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	$85.00	8/7/2026, 11:17:53 PM
2026-08-14	$87.00	8/14/2026, 11:23:50 PM
2026-08-21NextUpdated	$82.50	8/18/2026, 11:17:39 PM
2026-08-28	$86.00	8/18/2026, 11:17:39 PM
2026-09-04	$87.00	8/18/2026, 11:17:39 PM
2026-09-11	$87.00	8/18/2026, 11:17:39 PM
2026-09-18	$80.00	8/18/2026, 11:17:39 PM
2026-09-25	$86.00	8/18/2026, 11:17:39 PM
2026-10-02	$88.00	8/18/2026, 11:17:39 PM
2026-10-16	$80.00	8/18/2026, 11:17:39 PM
2026-11-20	$82.50	8/18/2026, 11:17:39 PM
2026-12-18	$75.00	8/18/2026, 11:17:39 PM
2027-01-15	$72.50	8/18/2026, 11:17:39 PM
2027-02-19	$82.50	8/18/2026, 11:17:39 PM
2027-03-19	$75.00	8/18/2026, 11:17:39 PM
2027-06-17	$82.50	8/18/2026, 11:17:39 PM

Selected expiration: 2026-08-21 at max pain $82.50.

KO pain by strike for 2026-08-21 expiration
Strike	Call Pain	Put Pain	Total Pain
45	0	226908950	226908950
47.5	1750	209383950	209385700
50	4750	191967950	191972700
55	20750	157146950	157167700
60	39250	122460950	122500200
62.5	50750	105276450	105327200
65	79500	88333450	88412950
67.5	219500	71927950	72147450
70	499750	57065450	57565200
71	724850	51854150	52579000
72	950850	46645550	47596400
72.5	1064250	44041350	45105600
73	1213200	41709000	42922200
74	1511800	37044700	38556500
75	1810800	32380900	34191700
76	2608500	28529800	31138300
77	3408000	24690700	28098700
77.5	3807900	22777950	26585850
78	4327550	21124600	25452150
79	5368250	17832700	23200950

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.