Natural Resource Partners LP LiClose $102.86EOD only
Max Pain
$105.00
Next expiry Aug 21, 2026
Expected Move
±$3.20
3.1% from close
Price Gap
+2.14
Distance to max pain
IV Rank
4
Low premium
P/C OI
13.44
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects NRP 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 — NRP
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $105.00 (2.14 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$105.00
Nearest expiry
Expected Move
±$3.20
±3.1%
Days to Expiry
3
Calendar days
Total Call OI
34
Nearest expiry
Total Put OI
156
Nearest expiry
P/C OI Ratio
4.59
Put-heavy
Spot Price
$102.86
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
$105.00
6/18/2026, 11:23:08 PM
2026-07-17
$100.00
7/17/2026, 11:24:21 PM
2026-08-21NextUpdated
$105.00
8/18/2026, 11:28:54 PM
2026-09-18
$105.00
8/18/2026, 11:28:54 PM
2026-10-16
$115.00
8/18/2026, 11:28:54 PM
2026-12-18
$105.00
8/18/2026, 11:28:54 PM
2027-01-15
$110.00
8/18/2026, 11:28:54 PM
Selected expiration: 2026-08-21 at max pain $105.00.
NRP pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
666500
666500
60
0
588500
588500
70
0
432500
432500
75
0
354500
354500
85
1000
198500
199500
90
1500
122000
123500
95
2000
54000
56000
100
2500
14500
17000
105
3500
5000
8500
110
9000
4000
13000
115
25000
3000
28000
120
41500
2500
44000
145
126500
0
126500
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.