This page reflects OKTA 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 — OKTA
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $125.00 (18.92 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$125.00
Nearest expiry
Expected Move
±$6.26
±4.3%
Days to Expiry
3
Calendar days
Total Call OI
15,661
Nearest expiry
Total Put OI
15,102
Nearest expiry
P/C OI Ratio
0.96
Put-heavy
Spot Price
$143.92
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
$142.00
8/7/2026, 11:25:43 PM
2026-08-14
$141.00
8/14/2026, 11:29:58 PM
2026-08-21NextUpdated
$125.00
8/18/2026, 11:31:12 PM
2026-08-28
$143.00
8/18/2026, 11:31:12 PM
2026-09-04
$145.00
8/18/2026, 11:31:12 PM
2026-09-11
$140.00
8/18/2026, 11:31:12 PM
2026-09-18
$100.00
8/18/2026, 11:31:12 PM
2026-09-25
$148.00
8/18/2026, 11:31:12 PM
2026-10-02
$140.00
8/18/2026, 11:31:12 PM
2026-11-20
$115.00
8/18/2026, 11:31:12 PM
2026-12-18
$100.00
8/18/2026, 11:31:12 PM
2027-01-15
$100.00
8/18/2026, 11:31:12 PM
2027-02-19
$130.00
8/18/2026, 11:31:12 PM
2027-03-19
$85.00
8/18/2026, 11:31:12 PM
2027-06-17
$90.00
8/18/2026, 11:31:12 PM
Selected expiration: 2026-08-21 at max pain $125.00.
OKTA pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
32.5
0
104178500
104178500
35
0
100413000
100413000
37.5
0
96696500
96696500
40
0
92983000
92983000
42.5
0
89367250
89367250
45
0
85896250
85896250
47.5
1250
82427000
82428250
50
2500
78965500
78968000
55
6000
72166000
72172000
57.5
8250
68804250
68812500
60
10750
65503250
65514000
62.5
16750
62299750
62316500
65
23000
59210250
59233250
67.5
29250
56220000
56249250
70
35500
53330250
53365750
72.5
65250
50585500
50650750
75
371000
47893250
48264250
77.5
693750
45317000
46010750
80
1016500
42807750
43824250
82.5
1412250
40355750
41768000
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.