The Magnum Ice Cream Company N.Close $19.41EOD only
Max Pain
$17.50
Next expiry Aug 21, 2026
Expected Move
±$1.35
7.0% from close
Price Gap
-1.91
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.14
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 19, 2026 close
End-of-day snapshot
This page reflects MICC options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 19, 2026 close
Max Pain — MICC
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $17.50 (1.91 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$17.50
Nearest expiry
Expected Move
±$1.35
±7.0%
Days to Expiry
2
Calendar days
Total Call OI
2,482
Nearest expiry
Total Put OI
323
Nearest expiry
P/C OI Ratio
0.13
Put-heavy
Spot Price
$19.41
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
$17.50
6/18/2026, 11:26:00 PM
2026-07-17
$17.50
7/17/2026, 11:21:48 PM
2026-08-21NextUpdated
$17.50
8/19/2026, 11:26:18 PM
2026-09-18
$17.50
8/19/2026, 11:26:18 PM
2026-11-20
$12.50
8/19/2026, 11:26:18 PM
2027-02-19
$15.00
8/19/2026, 11:26:18 PM
Selected expiration: 2026-08-21 at max pain $17.50.
MICC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
363000
363000
12.5
5250
120750
126000
15
7500
40000
47500
17.5
20250
1000
21250
20
38250
0
38250
22.5
658500
0
658500
25
1279000
0
1279000
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.