This page reflects MRCY 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 — MRCY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $110.00 (5.00 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$110.00
Nearest expiry
Expected Move
±$15.50
±14.8%
Days to Expiry
3
Calendar days
Total Call OI
5,129
Nearest expiry
Total Put OI
5,164
Nearest expiry
P/C OI Ratio
1.01
Put-heavy
Spot Price
$105.00
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
$95.00
6/18/2026, 11:23:43 PM
2026-07-17
$100.00
7/17/2026, 11:23:10 PM
2026-08-21NextUpdated
$110.00
8/18/2026, 11:25:38 PM
2026-09-18
$105.00
8/18/2026, 11:25:38 PM
2026-10-16
$105.00
8/18/2026, 11:25:38 PM
2026-11-20
$97.50
8/18/2026, 11:25:38 PM
2026-12-18
$92.50
8/18/2026, 11:25:38 PM
2027-01-15
$100.00
8/18/2026, 11:25:38 PM
2027-03-19
$75.00
8/18/2026, 11:25:38 PM
2027-04-16
$100.00
8/18/2026, 11:25:38 PM
2027-05-21
$90.00
8/18/2026, 11:25:38 PM
2027-06-17
$92.50
8/18/2026, 11:25:38 PM
Selected expiration: 2026-08-21 at max pain $110.00.
MRCY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
20060250
20060250
60
0
17478750
17478750
65
0
14897750
14897750
70
0
12317250
12317250
75
0
9769250
9769250
80
0
7234250
7234250
82.5
250
6152500
6152750
85
500
5083750
5084250
87.5
750
4041000
4041750
90
1000
3017000
3018000
92.5
1750
2291750
2293500
95
2500
1571000
1573500
97.5
4000
884000
888000
100
5750
206500
212250
105
19250
99000
118250
110
85750
28000
113750
115
707750
15500
723250
120
1373750
7500
1381250
125
2073250
5000
2078250
130
2880250
4000
2884250
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.