This page reflects NTR 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 — NTR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $65.00 (4.40 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$65.00
Nearest expiry
Expected Move
±$1.45
±2.1%
Days to Expiry
3
Calendar days
Total Call OI
10,061
Nearest expiry
Total Put OI
15,626
Nearest expiry
P/C OI Ratio
1.55
Put-heavy
Spot Price
$69.40
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
$66.00
8/7/2026, 11:24:38 PM
2026-08-14
$66.00
8/14/2026, 11:23:07 PM
2026-08-21NextUpdated
$65.00
8/18/2026, 11:24:01 PM
2026-08-28
$65.00
8/18/2026, 11:24:01 PM
2026-09-04
$64.00
8/18/2026, 11:24:01 PM
2026-09-11
$67.00
8/18/2026, 11:24:01 PM
2026-09-18
$67.50
8/18/2026, 11:24:01 PM
2026-09-25
$66.00
8/18/2026, 11:24:01 PM
2026-10-16
$65.00
8/18/2026, 11:24:01 PM
2026-11-20
$65.00
8/18/2026, 11:24:01 PM
2026-12-18
$62.50
8/18/2026, 11:24:01 PM
2027-01-15
$60.00
8/18/2026, 11:24:01 PM
2027-03-19
$67.50
8/18/2026, 11:24:01 PM
2027-06-17
$62.50
8/18/2026, 11:24:01 PM
Selected expiration: 2026-08-21 at max pain $65.00.
NTR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
47.5
0
16775950
16775950
50
0
12869700
12869700
52.5
2500
8966950
8969450
55
5000
5064950
5069950
56
6400
3861450
3867850
57.5
8500
2059200
2067700
58
9200
1919250
1928450
59
10600
1639450
1650050
60
12900
1359750
1372650
61
63300
1123650
1186950
62
113700
898250
1011950
62.5
139000
785800
924800
63
173800
697600
871400
64
243500
543200
786700
65
313300
431900
745200
66
501100
356100
857200
67
689600
282300
971900
67.5
787450
246150
1033600
68
1014900
217250
1232150
69
1498200
161150
1659350
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.