This page reflects MMM 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 — MMM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $170.00 (10.94 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$170.00
Nearest expiry
Expected Move
±$3.56
±2.0%
Days to Expiry
3
Calendar days
Total Call OI
18,280
Nearest expiry
Total Put OI
12,869
Nearest expiry
P/C OI Ratio
0.70
Put-heavy
Spot Price
$180.94
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
$175.00
8/7/2026, 11:21:31 PM
2026-08-14
$180.00
8/14/2026, 11:20:00 PM
2026-08-21NextUpdated
$170.00
8/18/2026, 11:26:17 PM
2026-08-28
$180.00
8/18/2026, 11:26:17 PM
2026-09-04
$185.00
8/18/2026, 11:26:17 PM
2026-09-11
$180.00
8/18/2026, 11:26:17 PM
2026-09-18
$165.00
8/18/2026, 11:26:17 PM
2026-09-25
$175.00
8/18/2026, 11:26:17 PM
2026-10-02
$165.00
8/18/2026, 11:26:17 PM
2026-10-16
$170.00
8/18/2026, 11:26:17 PM
2026-11-20
$170.00
8/18/2026, 11:26:17 PM
2026-12-18
$160.00
8/18/2026, 11:26:17 PM
2027-01-15
$155.00
8/18/2026, 11:26:17 PM
2027-03-19
$175.00
8/18/2026, 11:26:17 PM
2027-06-17
$170.00
8/18/2026, 11:26:17 PM
Selected expiration: 2026-08-21 at max pain $170.00.
MMM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
106176850
106176850
85
0
99744350
99744350
90
0
93328850
93328850
100
0
80505850
80505850
105
4500
74095850
74100350
110
13000
67687350
67700350
115
21500
61290350
61311850
120
30500
54896850
54927350
125
39500
48523850
48563350
130
48500
42268350
42316850
135
58500
36241350
36299850
140
70000
30411350
30481350
145
98000
24919850
25017850
149
144000
20870250
21014250
150
155600
19858250
20013850
152.5
208600
17463000
17671600
155
261600
15074750
15336350
157.5
419850
12804250
13224100
160
579100
10761750
11340850
162.5
858600
9210500
10069100
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.