This page reflects NDSN 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 — NDSN
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $290.00 (14.21 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$290.00
Nearest expiry
Expected Move
±$12.68
±4.2%
Days to Expiry
3
Calendar days
Total Call OI
531
Nearest expiry
Total Put OI
78
Nearest expiry
P/C OI Ratio
0.15
Put-heavy
Spot Price
$304.21
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
$290.00
6/18/2026, 11:28:40 PM
2026-07-17
$280.00
7/17/2026, 11:28:40 PM
2026-08-21NextUpdated
$290.00
8/18/2026, 11:29:52 PM
2026-09-18
$290.00
8/18/2026, 11:29:52 PM
2026-12-18
$260.00
8/18/2026, 11:29:52 PM
2027-03-19
$230.00
8/18/2026, 11:29:52 PM
Selected expiration: 2026-08-21 at max pain $290.00.
NDSN pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
240
0
318000
318000
250
0
244000
244000
260
0
175000
175000
270
1000
112000
113000
280
2000
60000
62000
290
17000
23000
40000
300
314000
9000
323000
310
742000
1000
743000
320
1221000
0
1221000
330
1732000
0
1732000
340
2259000
0
2259000
380
4379000
0
4379000
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.