This page reflects LOVE 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 — LOVE
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $15.00 (2.07 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$15.00
Nearest expiry
Expected Move
±$0.83
±4.8%
Days to Expiry
3
Calendar days
Total Call OI
7,627
Nearest expiry
Total Put OI
29
Nearest expiry
P/C OI Ratio
0.00
Put-heavy
Spot Price
$17.07
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
$15.00
6/18/2026, 11:24:05 PM
2026-07-17
$15.00
7/17/2026, 11:20:39 PM
2026-08-21NextUpdated
$15.00
8/18/2026, 11:20:41 PM
2026-09-18
$15.00
8/18/2026, 11:20:41 PM
2026-10-16
$15.00
8/18/2026, 11:20:41 PM
2027-01-15
$17.50
8/18/2026, 11:20:41 PM
Selected expiration: 2026-08-21 at max pain $15.00.
LOVE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
28250
28250
7.5
0
21000
21000
10
0
14000
14000
12.5
0
7000
7000
15
0
1500
1500
17.5
5500
0
5500
20
1727750
0
1727750
22.5
3622500
0
3622500
25
5527750
0
5527750
30
9340750
0
9340750
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.