What is PDD max pain this week?

PDD max pain for the nearest expiration (2026-08-21) is $86.00. Total call open interest: 76,397. Total put open interest: 50,018.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options PDDMax Pain

PDD

PDD Holdings Inc.Close $90.20EOD only

Max Pain

$86.00

Next expiry Aug 21, 2026

Expected Move

±$1.99

2.2% from close

Price Gap

-4.20

Distance to max pain

IV Rank

Low premium

P/C OI

0.79

Slightly call-heavy

Consensus

4/4

Partial coverage

Published snapshot: Aug 19, 2026 close

End-of-day snapshot

This page reflects PDD options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Aug 19, 2026 close

Max Pain — PDD

Data as of market close Aug 19, 2026

Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $86.00 (4.20 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike

$86.00

Nearest expiry

Expected Move

±$1.99

±2.2%

Days to Expiry

Calendar days

Total Call OI

76,397

Nearest expiry

Total Put OI

50,018

Nearest expiry

P/C OI Ratio

0.65

Put-heavy

Spot Price

$90.20

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	$86.00	8/7/2026, 11:32:12 PM
2026-08-14	$85.00	8/14/2026, 11:25:29 PM
2026-08-21NextUpdated	$86.00	8/19/2026, 11:31:47 PM
2026-08-28	$91.00	8/19/2026, 11:31:47 PM
2026-09-04	$90.00	8/19/2026, 11:31:47 PM
2026-09-11	$93.00	8/19/2026, 11:31:47 PM
2026-09-18	$90.00	8/19/2026, 11:31:47 PM
2026-09-25	$92.00	8/19/2026, 11:31:47 PM
2026-10-02	$84.00	8/19/2026, 11:31:47 PM
2026-10-16	$90.00	8/19/2026, 11:31:47 PM
2026-11-20	$90.00	8/19/2026, 11:31:47 PM
2026-12-18	$95.00	8/19/2026, 11:31:47 PM
2027-01-15	$100.00	8/19/2026, 11:31:47 PM
2027-03-19	$100.00	8/19/2026, 11:31:47 PM
2027-06-17	$105.00	8/19/2026, 11:31:47 PM

Selected expiration: 2026-08-21 at max pain $86.00.

PDD pain by strike for 2026-08-21 expiration
Strike	Call Pain	Put Pain	Total Pain
45	0	171362650	171362650
50	0	146428650	146428650
55	0	121526650	121526650
60	1500	96902150	96903650
65	23500	74428650	74452150
70	66000	53782150	53848150
72	100600	46268950	46369550
73	117900	42513650	42631550
74	135200	38759150	38894350
75	152500	35006150	35158650
76	237700	31825550	32063250
77	327400	28649350	28976750
78	419100	25483550	25902650
79	511300	22322250	22833550
80	612600	19182050	19794650
81	1151900	16603050	17754950
82	1693200	14147650	15840850
83	2257400	11798550	14055950
83.5	2543950	10696000	13239950
84	2833150	9618100	12451250

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.