What is NIO max pain this week?

NIO max pain for the nearest expiration (2026-08-21) is $4.50. Total call open interest: 235,845. Total put open interest: 86,385.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options NIOMax Pain

NIO

NIO Inc.Close $4.60EOD only

Max Pain

$4.50

Next expiry Aug 21, 2026

Expected Move

±$0.19

4.1% from close

Price Gap

-0.10

Distance to max pain

IV Rank

Low premium

P/C OI

0.74

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Aug 17, 2026 close

End-of-day snapshot

This page reflects NIO 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 — NIO

Data as of market close Aug 17, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $4.50 (0.10 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$4.50

Nearest expiry

Expected Move

±$0.19

±4.1%

Days to Expiry

Calendar days

Total Call OI

235,845

Nearest expiry

Total Put OI

86,385

Nearest expiry

P/C OI Ratio

0.37

Put-heavy

Spot Price

$4.60

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	$4.50	8/7/2026, 11:24:28 PM
2026-08-14	$4.50	8/14/2026, 11:24:48 PM
2026-08-21NextUpdated	$4.50	8/17/2026, 11:24:51 PM
2026-08-28	$5.00	8/17/2026, 11:24:51 PM
2026-09-04	$4.50	8/17/2026, 11:24:51 PM
2026-09-11	$4.50	8/17/2026, 11:24:51 PM
2026-09-18	$4.00	8/17/2026, 11:24:51 PM
2026-09-25	$5.00	8/17/2026, 11:24:51 PM
2026-10-02	$4.50	8/17/2026, 11:24:51 PM
2026-11-20	$4.00	8/17/2026, 11:24:51 PM
2027-01-15	$5.00	8/17/2026, 11:24:51 PM
2027-02-19	$5.00	8/17/2026, 11:24:51 PM
2027-03-19	$5.00	8/17/2026, 11:24:51 PM
2027-04-16	$5.00	8/17/2026, 11:24:51 PM

Selected expiration: 2026-08-21 at max pain $4.50.

NIO pain by strike for 2026-08-21 expiration
Strike	Call Pain	Put Pain	Total Pain
1	0	28815450	28815450
1.5	4250	24496550	24500800
2	13950	20177700	20191650
2.5	34700	15888800	15923500
3	55550	11599900	11655450
3.5	120400	7647800	7768200
4	185500	3698650	3884150
4.5	1817700	1884500	3702200
5	3652500	321050	3973550
5.5	8285200	158650	8443850
6	13110850	700	13111550
6.5	19654850	550	19655400
7	26241650	400	26242050
8	43890650	100	43890750
8.5	53688900	50	53688950
9	63487150	0	63487150
9.5	74188200	0	74188200
10	84889350	0	84889350
11	108223650	0	108223650
12	131582850	0	131582850

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.