This page reflects NEE 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 — NEE
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $87.00 (0.78 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$87.00
Nearest expiry
Expected Move
±$1.73
±2.0%
Days to Expiry
3
Calendar days
Total Call OI
28,232
Nearest expiry
Total Put OI
21,879
Nearest expiry
P/C OI Ratio
0.77
Put-heavy
Spot Price
$86.22
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
2026-08-07
$86.00
8/7/2026, 11:23:21 PM
2026-08-14
$85.00
8/14/2026, 11:26:00 PM
2026-08-21NextUpdated
$87.00
8/18/2026, 11:29:22 PM
2026-08-28
$86.00
8/18/2026, 11:29:22 PM
2026-09-04
$85.00
8/18/2026, 11:29:22 PM
2026-09-11
$87.00
8/18/2026, 11:29:22 PM
2026-09-18
$82.50
8/18/2026, 11:29:22 PM
2026-09-25
$83.00
8/18/2026, 11:29:22 PM
2026-10-02
$82.00
8/18/2026, 11:29:22 PM
2026-10-16
$85.00
8/18/2026, 11:29:22 PM
2026-12-18
$90.00
8/18/2026, 11:29:22 PM
2027-01-15
$70.00
8/18/2026, 11:29:22 PM
2027-02-19
$82.50
8/18/2026, 11:29:22 PM
2027-03-19
$92.50
8/18/2026, 11:29:22 PM
2027-06-17
$90.00
8/18/2026, 11:29:22 PM
Selected expiration: 2026-08-21 at max pain $87.00.
NEE pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
53484250
53484250
70
0
31605250
31605250
74
4400
22872450
22876850
75
5500
20689650
20695150
77.5
9500
15270650
15280150
78
10300
14219950
14230250
79
12000
12120650
12132650
80
13700
10022850
10036550
81
16900
8196050
8212950
82
20200
6378450
6398650
82.5
25750
5482550
5508300
83
34050
4628650
4662700
84
52550
2960150
3012700
85
86050
1575650
1661700
86
271250
948450
1219700
87
639450
557050
1196500
87.5
871600
371500
1243100
88
1318300
283200
1601500
89
2442100
140700
2582800
90
3674600
7100
3681700
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.