This page reflects OUST 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 — OUST
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $40.00 (2.99 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$40.00
Nearest expiry
Expected Move
±$3.65
±8.5%
Days to Expiry
3
Calendar days
Total Call OI
24,908
Nearest expiry
Total Put OI
14,615
Nearest expiry
P/C OI Ratio
0.59
Put-heavy
Spot Price
$42.99
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
$38.50
8/7/2026, 11:28:58 PM
2026-08-14
$44.00
8/14/2026, 11:24:40 PM
2026-08-21NextUpdated
$40.00
8/18/2026, 11:29:10 PM
2026-08-28
$42.00
8/18/2026, 11:29:10 PM
2026-09-04
$43.00
8/18/2026, 11:29:10 PM
2026-09-11
$42.00
8/18/2026, 11:29:10 PM
2026-09-18
$45.00
8/18/2026, 11:29:10 PM
2026-09-25
$45.00
8/18/2026, 11:29:10 PM
2026-10-02
$45.00
8/18/2026, 11:29:10 PM
2026-11-20
$35.00
8/18/2026, 11:29:10 PM
2027-01-15
$25.00
8/18/2026, 11:29:10 PM
2027-02-19
$60.00
8/18/2026, 11:29:10 PM
Selected expiration: 2026-08-21 at max pain $40.00.
OUST pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
5
0
38623650
38623650
10
0
31319150
31319150
11
100
29865450
29865550
12
2000
28415050
28417050
13
3900
27006550
27010450
14
7200
25598950
25606150
15
13800
24192750
24206550
16
28100
22806450
22834550
17
42400
21427650
21470050
18
59700
20095050
20154750
19
84100
18786450
18870550
20
113200
17499550
17612750
21
146500
16339450
16485950
22
197900
15205950
15403850
23
263400
14087750
14351150
24
333100
12979950
13313050
25
410800
11879750
12290550
26
509600
10917050
11426650
27
614400
9957450
10571850
28
740900
9009550
9750450
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.