This page reflects ORLY 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 — ORLY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $90.00 (0.76 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$90.00
Nearest expiry
Expected Move
±$2.02
±2.2%
Days to Expiry
3
Calendar days
Total Call OI
10,661
Nearest expiry
Total Put OI
5,243
Nearest expiry
P/C OI Ratio
0.49
Put-heavy
Spot Price
$90.76
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
$90.00
6/18/2026, 11:24:24 PM
2026-07-17
$85.00
7/17/2026, 11:30:20 PM
2026-08-21NextUpdated
$90.00
8/18/2026, 11:25:19 PM
2026-09-18
$92.00
8/18/2026, 11:25:19 PM
2026-11-20
$90.00
8/18/2026, 11:25:19 PM
2026-12-18
$90.00
8/18/2026, 11:25:19 PM
2027-01-15
$90.00
8/18/2026, 11:25:19 PM
2027-02-19
$95.00
8/18/2026, 11:25:19 PM
2027-03-19
$95.00
8/18/2026, 11:25:19 PM
2027-06-17
$85.00
8/18/2026, 11:25:19 PM
Selected expiration: 2026-08-21 at max pain $90.00.
ORLY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
16639500
16639500
55
0
14023000
14023000
60
0
11457000
11457000
65
0
8896500
8896500
70
0
6415500
6415500
75
9500
4264500
4274000
80
58500
2274500
2333000
85
255500
710500
966000
90
646500
137000
783500
95
2160500
12000
2172500
100
5577000
500
5577500
105
10001000
0
10001000
110
15094500
0
15094500
115
20357000
0
20357000
120
25659500
0
25659500
125
30986500
0
30986500
130
36316000
0
36316000
135
41645500
0
41645500
140
46975000
0
46975000
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.