thetaOwl

MU

Micron Technology, Inc.Close $1011.75EOD only
Max Pain
$935.00
Next expiry Aug 19, 2026
Expected Move
±$40.40
4.0% from close
Price Gap
-76.75
Distance to max pain
IV Rank
23
Low premium
P/C OI
1.20
Slightly put-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Aug 17, 2026 close
End-of-day snapshot

This page reflects MU options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Aug 17, 2026 close
Max Pain — MU
Data as of market close Aug 17, 2026

Nearest listed expiration 2026-08-19 shows max pain at $935.00 (76.75 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$935.00
Nearest expiry
Expected Move
±$40.40
±4.0%
Days to Expiry
2
Calendar days
Total Call OI
14,027
Nearest expiry
Total Put OI
9,507
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$1011.75
Published close
Consensus
7.0/10
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-19
ExpirationMax Pain StrikeLast Updated
2026-08-14$880.008/13/2026, 11:35:56 PM
2026-08-17Updated$925.008/17/2026, 11:47:38 PM
2026-08-19Next$935.008/17/2026, 11:47:38 PM
2026-08-21$900.008/17/2026, 11:47:38 PM
2026-08-24$920.008/17/2026, 11:47:38 PM
2026-08-26$905.008/17/2026, 11:47:38 PM
2026-08-28$905.008/17/2026, 11:47:38 PM
2026-09-04$900.008/17/2026, 11:47:38 PM
2026-09-11$885.008/17/2026, 11:47:38 PM
2026-09-18$750.008/17/2026, 11:47:38 PM
2026-09-25$940.008/17/2026, 11:47:38 PM
2026-10-02$915.008/17/2026, 11:47:38 PM
2026-10-16$840.008/17/2026, 11:47:38 PM
2026-11-20$750.008/17/2026, 11:47:38 PM
2026-12-18$580.008/17/2026, 11:47:38 PM
2027-01-15$500.008/17/2026, 11:47:38 PM
2027-02-19$870.008/17/2026, 11:47:38 PM
2027-03-19$740.008/17/2026, 11:47:38 PM
2027-06-17$600.008/17/2026, 11:47:38 PM
Selected expiration: 2026-08-19 at max pain $935.00.
MU pain by strike for 2026-08-19 expiration
StrikeCall PainPut PainTotal Pain
4000406503500406503500
405500401756500401757000
4404000368566000368570000
4656500344873500344880000
50010000311707500311717500
53513500278580000278593500
56016000254942500254958500
57017000245488500245505500
58018000236052500236070500
58518500231340000231358500
59019000226673500226692500
59519500222016000222035500
60020000217382000217402000
60520500212775500212796000
61021000208185000208206000
61522500203645500203668000
62024000199119000199143000
622.524750196862750196887500
62525500194609500194635000
627.526250192361750192388000
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.