This page reflects PCAR 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 — PCAR
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $128.60 (0.58 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$128.60
Nearest expiry
Expected Move
±$3.22
±2.5%
Days to Expiry
3
Calendar days
Total Call OI
2,439
Nearest expiry
Total Put OI
1,326
Nearest expiry
P/C OI Ratio
0.54
Put-heavy
Spot Price
$128.02
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
$113.60
6/18/2026, 11:26:26 PM
2026-07-17
$120.00
7/17/2026, 11:27:53 PM
2026-08-21NextUpdated
$128.60
8/18/2026, 11:24:33 PM
2026-09-18
$120.00
8/18/2026, 11:24:33 PM
2026-11-20
$120.00
8/18/2026, 11:24:33 PM
2026-12-18
$120.00
8/18/2026, 11:24:33 PM
2027-01-15
$105.00
8/18/2026, 11:24:33 PM
2027-02-19
$100.00
8/18/2026, 11:24:33 PM
2027-03-19
$130.00
8/18/2026, 11:24:33 PM
2027-06-17
$120.00
8/18/2026, 11:24:33 PM
Selected expiration: 2026-08-21 at max pain $128.60.
PCAR pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
60
0
6371240
6371240
63.6
0
5932760
5932760
65
0
5762380
5762380
68.6
0
5324980
5324980
70
0
5155020
5155020
75
0
4549520
4549520
80
0
3944520
3944520
83.6
0
3508920
3508920
85
0
3339520
3339520
88.6
0
2903920
2903920
90
0
2734520
2734520
93.6
0
2298920
2298920
95
0
2129520
2129520
98.6
0
1697160
1697160
100
0
1531260
1531260
103.6
360
1111860
1112220
105
500
955060
955560
108.6
860
569140
570000
110
1000
423820
424820
113.6
2440
295300
297740
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.