This page reflects OMF 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 — OMF
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $62.50 (2.23 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$62.50
Nearest expiry
Expected Move
±$1.20
±1.9%
Days to Expiry
3
Calendar days
Total Call OI
3,074
Nearest expiry
Total Put OI
1,950
Nearest expiry
P/C OI Ratio
0.63
Put-heavy
Spot Price
$64.73
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
$55.00
6/18/2026, 11:25:49 PM
2026-07-17
$57.50
7/17/2026, 11:25:28 PM
2026-08-21NextUpdated
$62.50
8/18/2026, 11:28:06 PM
2026-09-18
$62.50
8/18/2026, 11:28:06 PM
2026-11-20
$60.00
8/18/2026, 11:28:06 PM
2027-02-19
$62.50
8/18/2026, 11:28:06 PM
Selected expiration: 2026-08-21 at max pain $62.50.
OMF pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
25
0
5218250
5218250
32.5
0
3758000
3758000
35
0
3271250
3271250
37.5
0
2795250
2795250
40
0
2319250
2319250
42.5
0
1867750
1867750
45
0
1445500
1445500
47.5
0
1045500
1045500
50
0
696250
696250
52.5
0
471250
471250
55
0
263250
263250
57.5
0
154250
154250
60
250
78500
78750
62.5
14000
23250
37250
65
137000
10250
147250
67.5
635000
5000
640000
70
1308000
1750
1309750
72.5
2050750
500
2051250
75
2800750
0
2800750
77.5
3556500
0
3556500
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.