This page reflects MNDY 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 — MNDY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $85.00 (3.04 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$5.73
±6.5%
Days to Expiry
3
Calendar days
Total Call OI
15,048
Nearest expiry
Total Put OI
18,669
Nearest expiry
P/C OI Ratio
1.24
Put-heavy
Spot Price
$88.04
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
$75.00
6/18/2026, 11:19:57 PM
2026-07-17
$80.00
7/17/2026, 11:21:48 PM
2026-08-21NextUpdated
$85.00
8/18/2026, 11:20:26 PM
2026-09-18
$85.00
8/18/2026, 11:20:26 PM
2026-10-16
$90.00
8/18/2026, 11:20:26 PM
2026-11-20
$65.00
8/18/2026, 11:20:26 PM
2027-01-15
$85.00
8/18/2026, 11:20:26 PM
2027-02-19
$105.00
8/18/2026, 11:20:26 PM
2027-03-19
$90.00
8/18/2026, 11:20:26 PM
2027-05-21
$100.00
8/18/2026, 11:20:26 PM
Selected expiration: 2026-08-21 at max pain $85.00.
MNDY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
30
0
66486000
66486000
35
0
57158500
57158500
40
500
48910000
48910500
45
1000
40855500
40856500
50
7000
32928000
32935000
55
42500
26242500
26285000
60
94500
20846500
20941000
65
162000
16447500
16609500
70
429000
12380000
12809000
75
832500
9390000
10222500
80
1444000
6675500
8119500
85
2346000
4731000
7077000
90
4314500
3808500
8123000
95
7139000
3263000
10402000
100
10324000
2795500
13119500
105
14335000
2381500
16716500
110
18665500
1999000
20664500
115
23595000
1626000
25221000
120
28647500
1293000
29940500
125
33869500
972500
34842000
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.