Paylocity Holding CorporationClose $147.32EOD only
Max Pain
$115.00
Next expiry Aug 21, 2026
Expected Move
±$6.40
4.3% from close
Price Gap
-32.32
Distance to max pain
IV Rank
30
Middle-high premium
P/C OI
0.29
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects PCTY 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 — PCTY
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $115.00 (32.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$115.00
Nearest expiry
Expected Move
±$6.40
±4.3%
Days to Expiry
3
Calendar days
Total Call OI
817
Nearest expiry
Total Put OI
529
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$147.32
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
$105.00
6/18/2026, 11:24:53 PM
2026-07-17
$110.00
7/17/2026, 11:31:32 PM
2026-08-21NextUpdated
$115.00
8/18/2026, 11:33:26 PM
2026-09-18
$140.00
8/18/2026, 11:33:26 PM
2026-11-20
$110.00
8/18/2026, 11:33:26 PM
2027-02-19
$115.00
8/18/2026, 11:33:26 PM
Selected expiration: 2026-08-21 at max pain $115.00.
PCTY pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
50
0
2381000
2381000
55
0
2123500
2123500
60
0
1878500
1878500
65
0
1638000
1638000
70
0
1401000
1401000
75
0
1168500
1168500
80
0
942500
942500
85
0
718500
718500
90
2000
610000
612000
95
4000
509000
513000
100
7000
414500
421500
105
15500
330500
346000
110
26000
252500
278500
115
61000
187000
248000
120
144000
135000
279000
125
230000
90500
320500
130
341500
61500
403000
135
460000
39500
499500
140
588500
19000
607500
145
725000
3500
728500
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.