Microchip Technology IncorporatClose $80.26EOD only
Max Pain
$79.00
Next expiry Aug 21, 2026
Expected Move
±$3.67
4.6% from close
Price Gap
-1.26
Distance to max pain
IV Rank
3
Low premium
P/C OI
0.43
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 17, 2026 close
End-of-day snapshot
This page reflects MCHP options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 17, 2026 close
Max Pain — MCHP
Data as of market close Aug 17, 2026
Nearest listed expiration 2026-08-21 shows max pain at $79.00 (1.26 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$79.00
Nearest expiry
Expected Move
±$3.67
±4.6%
Days to Expiry
4
Calendar days
Total Call OI
29,587
Nearest expiry
Total Put OI
24,501
Nearest expiry
P/C OI Ratio
0.83
Put-heavy
Spot Price
$80.26
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
$78.00
8/7/2026, 11:21:23 PM
2026-08-14
$77.00
8/14/2026, 11:23:12 PM
2026-08-21NextUpdated
$79.00
8/17/2026, 11:24:16 PM
2026-08-28
$80.00
8/17/2026, 11:24:16 PM
2026-09-04
$79.00
8/17/2026, 11:24:16 PM
2026-09-11
$80.00
8/17/2026, 11:24:16 PM
2026-09-18
$75.00
8/17/2026, 11:24:16 PM
2026-09-25
$79.00
8/17/2026, 11:24:16 PM
2026-10-02
$74.00
8/17/2026, 11:24:16 PM
2026-10-16
$80.00
8/17/2026, 11:24:16 PM
2026-12-18
$65.00
8/17/2026, 11:24:16 PM
2027-01-15
$70.00
8/17/2026, 11:24:16 PM
2027-03-19
$77.50
8/17/2026, 11:24:16 PM
2027-06-17
$90.00
8/17/2026, 11:24:16 PM
Selected expiration: 2026-08-21 at max pain $79.00.
MCHP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
63563450
63563450
55
0
51325450
51325450
60
0
39132450
39132450
62.5
2250
33471700
33473950
65
4500
27830950
27835450
68
16200
21473050
21489250
69
20100
19374150
19394250
70
24000
17284850
17308850
71
30400
15309050
15339450
72
40100
13369450
13409550
73
51200
11708550
11759750
74
63400
10065250
10128650
75
76500
8434350
8510850
76
97100
6855450
6952550
77
419200
5294750
5713950
77.5
598250
4532350
5130600
78
781550
4150650
4932200
79
1178950
3406650
4585600
80
1895650
2717450
4613100
81
2747450
2309450
5056900
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.