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MRNA

Moderna, Inc.Close $62.96EOD only
Max Pain
$63.00
Next expiry Aug 21, 2026
Expected Move
±$3.53
5.6% from close
Price Gap
+0.04
Distance to max pain
IV Rank
9
Low premium
P/C OI
1.28
Slightly put-heavy
Consensus
3/4
Partial coverage
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects MRNA 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 — MRNA
Data as of market close Aug 18, 2026
Open Available Reports (3/4)

Nearest listed expiration 2026-08-21 shows max pain at $63.00 (0.04 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$63.00
Nearest expiry
Expected Move
±$3.53
±5.6%
Days to Expiry
3
Calendar days
Total Call OI
76,282
Nearest expiry
Total Put OI
59,883
Nearest expiry
P/C OI Ratio
0.79
Put-heavy
Spot Price
$62.96
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$58.008/7/2026, 11:23:39 PM
2026-08-14$55.008/14/2026, 11:26:41 PM
2026-08-21NextUpdated$63.008/18/2026, 11:26:20 PM
2026-08-28$59.008/18/2026, 11:26:20 PM
2026-09-04$56.008/18/2026, 11:26:20 PM
2026-09-11$57.008/18/2026, 11:26:20 PM
2026-09-18$48.008/18/2026, 11:26:20 PM
2026-09-25$55.008/18/2026, 11:26:20 PM
2026-10-02$60.008/18/2026, 11:26:20 PM
2026-10-16$60.008/18/2026, 11:26:20 PM
2026-11-20$60.008/18/2026, 11:26:20 PM
2026-12-18$60.008/18/2026, 11:26:20 PM
2027-01-15$50.008/18/2026, 11:26:20 PM
2027-03-19$70.008/18/2026, 11:26:20 PM
2027-06-17$60.008/18/2026, 11:26:20 PM
Selected expiration: 2026-08-21 at max pain $63.00.
MRNA pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
230165210100165210100
241400159227000159228400
252800153252800153255600
265300147293400147298700
277800141340800141348600
2817400135388700135406100
2927700129438500129466200
3038000123521400123559400
3151100117686700117737800
3265500111855700111921200
3380300106029400106109700
3495700100204600100300300
351121009438790094500000
361306008880930088939900
371509008325520083406100
381752007776890077944100
392001007252680072726900
402253006736380067589100
413034006275670063060100
423844005859170058976100
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.