thetaOwl

MELI

MercadoLibre, Inc.Close $1779.14EOD only
Max Pain
$1810.00
Next expiry Aug 21, 2026
Expected Move
±$48.55
2.7% from close
Price Gap
+30.86
Distance to max pain
IV Rank
11
Low premium
P/C OI
1.02
Balanced positioning
Consensus
4/4
Partial coverage
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects MELI 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 — MELI
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $1810.00 (30.86 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$1810.00
Nearest expiry
Expected Move
±$48.55
±2.7%
Days to Expiry
3
Calendar days
Total Call OI
6,309
Nearest expiry
Total Put OI
6,751
Nearest expiry
P/C OI Ratio
1.07
Put-heavy
Spot Price
$1779.14
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$1850.008/7/2026, 11:23:45 PM
2026-08-14$1825.008/14/2026, 11:24:10 PM
2026-08-21NextUpdated$1810.008/18/2026, 11:22:01 PM
2026-08-28$1810.008/18/2026, 11:22:01 PM
2026-09-04$1820.008/18/2026, 11:22:01 PM
2026-09-11$1870.008/18/2026, 11:22:01 PM
2026-09-18$1820.008/18/2026, 11:22:01 PM
2026-09-25$1810.008/18/2026, 11:22:01 PM
2026-10-02$1320.008/18/2026, 11:22:01 PM
2026-10-16$1700.008/18/2026, 11:22:01 PM
2026-12-18$1820.008/18/2026, 11:22:01 PM
2027-01-15$1700.008/18/2026, 11:22:01 PM
2027-03-19$1740.008/18/2026, 11:22:01 PM
2027-06-17$1900.008/18/2026, 11:22:01 PM
Selected expiration: 2026-08-21 at max pain $1810.00.
MELI pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
9600468849250468849250
98012000455369250455381250
100032000441951250441983250
102052000428545250428597250
104086000415149250415235250
1060132000401779250401911250
1080200000388417250388617250
1100282000375181250375463250
1120382000361991250362373250
1140508000348833250349341250
1160658000335713250336371250
1180820000322611250323431250
12001000000309547250310547250
12201202000296527250297729250
12401414000284161250285575250
12601658000271887250273545250
12801938000259673250261611250
13002234000247663250249897250
13202550000235745250238295250
13402894000223937250226831250
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.