This page reflects NVCR 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 — NVCR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $16.00 (1.24 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$16.00
Nearest expiry
Expected Move
±$1.20
±7.0%
Days to Expiry
3
Calendar days
Total Call OI
1,221
Nearest expiry
Total Put OI
651
Nearest expiry
P/C OI Ratio
0.53
Put-heavy
Spot Price
$17.24
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
$14.00
6/18/2026, 11:25:38 PM
2026-07-17
$16.00
7/17/2026, 11:29:15 PM
2026-08-21NextUpdated
$16.00
8/18/2026, 11:31:33 PM
2026-09-18
$15.00
8/18/2026, 11:31:33 PM
2026-12-18
$15.00
8/18/2026, 11:31:33 PM
2027-01-15
$10.00
8/18/2026, 11:31:33 PM
2027-03-19
$16.00
8/18/2026, 11:31:33 PM
Selected expiration: 2026-08-21 at max pain $16.00.
NVCR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
9
0
415700
415700
10
0
350800
350800
11
2400
285900
288300
12
4800
223000
227800
13
7200
161300
168500
14
9900
100500
110400
15
13300
54700
68000
16
25600
27500
53100
17
47800
17100
64900
18
77100
10500
87600
19
124500
6800
131300
20
201600
4500
206100
21
303700
3000
306700
22
409300
1800
411100
23
517200
900
518100
24
627300
400
627700
25
740100
100
740200
26
861800
0
861800
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.