thetaOwl

MTD

Mettler-Toledo International, IClose $1399.67EOD only
Max Pain
$1360.00
Next expiry Aug 21, 2026
Expected Move
±$16.20
1.2% from close
Price Gap
-39.67
Distance to max pain
IV Rank
12
Low premium
P/C OI
0.13
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects MTD 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 — MTD
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $1360.00 (39.67 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$1360.00
Nearest expiry
Expected Move
±$16.20
±1.2%
Days to Expiry
3
Calendar days
Total Call OI
127
Nearest expiry
Total Put OI
90
Nearest expiry
P/C OI Ratio
0.71
Put-heavy
Spot Price
$1399.67
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
2026-06-18$1060.006/18/2026, 11:23:32 PM
2026-07-17$1200.007/17/2026, 11:25:55 PM
2026-08-21NextUpdated$1360.008/18/2026, 11:28:18 PM
2026-09-18$1430.008/18/2026, 11:28:18 PM
2026-10-16$1260.008/18/2026, 11:28:18 PM
2026-11-20$1260.008/18/2026, 11:28:18 PM
2027-01-15$900.008/18/2026, 11:28:18 PM
2027-05-21$1440.008/18/2026, 11:28:18 PM
Selected expiration: 2026-08-21 at max pain $1360.00.
MTD pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
960026850002685000
980025070002507000
1020021550002155000
1050018940001894000
1060018070001807000
1120012910001291000
1130100012050001206000
1140200011200001122000
11708000865000873000
118010000781000791000
119012000699000711000
120014000617000631000
121016000536000552000
122019000455000474000
123023000375000398000
125033000265000298000
129053000161000214000
130058000136000194000
13207000092000162000
13408800052000140000
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.