thetaOwl

META

Meta Platforms, Inc.Close $568.97EOD only
Max Pain
$580.00
Next expiry Aug 19, 2026
Expected Move
±$12.40
2.2% from close
Price Gap
+11.03
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.42
Slightly call-heavy
Consensus
6.5/10
Range bias
Published snapshot: Aug 17, 2026 close
End-of-day snapshot

This page reflects META 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 — META
Data as of market close Aug 17, 2026

Nearest listed expiration 2026-08-19 shows max pain at $580.00 (11.03 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$580.00
Nearest expiry
Expected Move
±$12.40
±2.2%
Days to Expiry
2
Calendar days
Total Call OI
6,952
Nearest expiry
Total Put OI
4,210
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$568.97
Published close
Consensus
6.5/10
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-19
ExpirationMax Pain StrikeLast Updated
2026-08-14$585.008/14/2026, 11:27:28 PM
2026-08-17Updated$590.008/17/2026, 11:24:00 PM
2026-08-19Next$580.008/17/2026, 11:24:00 PM
2026-08-21$590.008/17/2026, 11:24:00 PM
2026-08-24$585.008/17/2026, 11:24:00 PM
2026-08-26$590.008/17/2026, 11:24:00 PM
2026-08-28$582.508/17/2026, 11:24:00 PM
2026-09-04$580.008/17/2026, 11:24:00 PM
2026-09-11$580.008/17/2026, 11:24:00 PM
2026-09-18$605.008/17/2026, 11:24:00 PM
2026-09-25$590.008/17/2026, 11:24:00 PM
2026-10-02$600.008/17/2026, 11:24:00 PM
2026-10-16$590.008/17/2026, 11:24:00 PM
2026-11-20$590.008/17/2026, 11:24:00 PM
2026-12-18$570.008/17/2026, 11:24:00 PM
2027-01-15$600.008/17/2026, 11:24:00 PM
2027-02-19$580.008/17/2026, 11:24:00 PM
2027-03-19$600.008/17/2026, 11:24:00 PM
2027-06-17$600.008/17/2026, 11:24:00 PM
Selected expiration: 2026-08-19 at max pain $580.00.
META pain by strike for 2026-08-19 expiration
StrikeCall PainPut PainTotal Pain
40006773000067730000
40506562550065625500
42505721350057213500
43015005511050055112000
450135004669850046712000
460195004249950042519000
465225004040100040423500
470255003830400038329500
475300003621300036243000
480360003413100034167000
485420003205700032099000
490490002998750030036500
495585002792300027981500
500710002586200025933000
505870002380650023893500
507.5962502278150022877750
5101060002176075021866750
512.51165002074400020860500
5151285001973875019867250
517.51417501874250018884250
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.