Navitas Semiconductor CorporatiClose $13.17EOD only
Max Pain
$13.00
Next expiry Aug 21, 2026
Expected Move
±$0.94
7.2% from close
Price Gap
-0.17
Distance to max pain
IV Rank
8
Low premium
P/C OI
0.44
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects NVTS 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 — NVTS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $13.00 (0.17 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$13.00
Nearest expiry
Expected Move
±$0.94
±7.2%
Days to Expiry
3
Calendar days
Total Call OI
51,845
Nearest expiry
Total Put OI
23,222
Nearest expiry
P/C OI Ratio
0.45
Put-heavy
Spot Price
$13.17
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
$11.50
8/7/2026, 11:30:46 PM
2026-08-14
$12.50
8/14/2026, 11:26:26 PM
2026-08-21NextUpdated
$13.00
8/18/2026, 11:23:17 PM
2026-08-28
$13.50
8/18/2026, 11:23:17 PM
2026-09-04
$13.00
8/18/2026, 11:23:17 PM
2026-09-11
$13.00
8/18/2026, 11:23:17 PM
2026-09-18
$15.00
8/18/2026, 11:23:17 PM
2026-09-25
$12.00
8/18/2026, 11:23:17 PM
2026-10-02
$14.00
8/18/2026, 11:23:17 PM
2026-12-18
$18.00
8/18/2026, 11:23:17 PM
2027-01-15
$10.00
8/18/2026, 11:23:17 PM
2027-03-19
$11.00
8/18/2026, 11:23:17 PM
Selected expiration: 2026-08-21 at max pain $13.00.
NVTS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
1
0
26083650
26083650
2
6400
23763550
23769950
3
20500
21443550
21464050
4
36300
19123550
19159850
5
53400
16803750
16857150
6
72300
14484750
14557050
7
92000
12169550
12261550
7.5
105800
11026550
11132350
8
119900
9883550
10003450
8.5
135550
8829900
8965450
9
151550
7776450
7928000
9.5
173750
6791150
6964900
10
197950
5835100
6033050
10.5
235300
5023500
5258800
11
276000
4243000
4519000
11.5
542700
3549050
4091750
12
828500
2929850
3758350
12.5
1242850
2361050
3603900
13
1699150
1814900
3514050
13.5
2369400
1367600
3737000
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.