This page reflects OMC 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 — OMC
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $80.00 (6.31 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$80.00
Nearest expiry
Expected Move
±$1.95
±2.3%
Days to Expiry
3
Calendar days
Total Call OI
3,826
Nearest expiry
Total Put OI
2,774
Nearest expiry
P/C OI Ratio
0.73
Put-heavy
Spot Price
$86.31
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
$75.00
6/18/2026, 11:25:47 PM
2026-07-17
$75.00
7/17/2026, 11:25:02 PM
2026-08-21NextUpdated
$80.00
8/18/2026, 11:27:01 PM
2026-09-18
$82.50
8/18/2026, 11:27:01 PM
2026-10-16
$80.00
8/18/2026, 11:27:01 PM
2026-11-20
$75.00
8/18/2026, 11:27:01 PM
2026-12-18
$80.00
8/18/2026, 11:27:01 PM
2027-01-15
$80.00
8/18/2026, 11:27:01 PM
2027-03-19
$75.00
8/18/2026, 11:27:01 PM
2027-06-17
$72.50
8/18/2026, 11:27:01 PM
Selected expiration: 2026-08-21 at max pain $80.00.
OMC pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
55
0
5704250
5704250
60
500
4319250
4319750
65
1000
2950750
2951750
67.5
1750
2268000
2269750
70
2500
1587000
1589500
72.5
5250
1261500
1266750
75
24250
965250
989500
77.5
52750
699750
752500
80
221750
475250
697000
82.5
419500
299500
719000
85
660000
144250
804250
87.5
978500
5750
984250
90
1535250
250
1535500
92.5
2339750
0
2339750
95
3188500
0
3188500
100
5070000
0
5070000
105
6958000
0
6958000
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.