thetaOwl

NBIS

Nebius Group N.V.Close $268.85EOD only
Max Pain
$215.00
Next expiry Aug 21, 2026
Expected Move
±$27.23
10.1% from close
Price Gap
-53.85
Distance to max pain
IV Rank
35
Middle-high premium
P/C OI
1.11
Slightly put-heavy
Consensus
4/4
Partial coverage
Published snapshot: Aug 17, 2026 close
End-of-day snapshot

This page reflects NBIS 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 — NBIS
Data as of market close Aug 17, 2026

Nearest listed expiration 2026-08-21 shows max pain at $215.00 (53.85 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$215.00
Nearest expiry
Expected Move
±$27.23
±10.1%
Days to Expiry
4
Calendar days
Total Call OI
175,574
Nearest expiry
Total Put OI
187,790
Nearest expiry
P/C OI Ratio
1.07
Put-heavy
Spot Price
$268.85
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$195.008/7/2026, 11:22:59 PM
2026-08-14$220.008/14/2026, 11:21:58 PM
2026-08-21NextUpdated$215.008/17/2026, 11:25:40 PM
2026-08-28$225.008/17/2026, 11:25:40 PM
2026-09-04$240.008/17/2026, 11:25:40 PM
2026-09-11$230.008/17/2026, 11:25:40 PM
2026-09-18$220.008/17/2026, 11:25:40 PM
2026-09-25$250.008/17/2026, 11:25:40 PM
2026-10-02$270.008/17/2026, 11:25:40 PM
2026-10-16$210.008/17/2026, 11:25:40 PM
2026-11-20$190.008/17/2026, 11:25:40 PM
2026-12-18$170.008/17/2026, 11:25:40 PM
2027-01-15$100.008/17/2026, 11:25:40 PM
2027-02-19$180.008/17/2026, 11:25:40 PM
2027-03-19$200.008/17/2026, 11:25:40 PM
2027-06-17$230.008/17/2026, 11:25:40 PM
Selected expiration: 2026-08-21 at max pain $215.00.
NBIS pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
40023095197502309519750
45850022215867502221595250
502300021338987502133921750
555450020478947502047949250
6010250019622912501962393750
6520300018778492501878052250
7031400017937962501794110250
7549600017106297501711125750
8075850016278107501628569250
85126750015455587501546826250
90194750014643112501466258750
95271250013840762501386788750
100359750013041672501307764750
105459350012260787501230672250
110567600011484012501154077250
115684100010714437501078284750
12081515009947452501002896750
1259755000930774750940529750
13011844000867563250879407250
13514107500806862750820970250
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.