Public Service Enterprise GroupClose $75.60EOD only
Max Pain
$77.50
Next expiry Aug 21, 2026
Expected Move
±$1.65
2.2% from close
Price Gap
+1.90
Distance to max pain
IV Rank
29
Middle-high premium
P/C OI
0.57
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects PEG 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 — PEG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $77.50 (1.90 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$77.50
Nearest expiry
Expected Move
±$1.65
±2.2%
Days to Expiry
3
Calendar days
Total Call OI
5,614
Nearest expiry
Total Put OI
3,848
Nearest expiry
P/C OI Ratio
0.69
Put-heavy
Spot Price
$75.60
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
$80.00
6/18/2026, 11:25:36 PM
2026-07-17
$80.00
7/17/2026, 11:31:42 PM
2026-08-21NextUpdated
$77.50
8/18/2026, 11:29:35 PM
2026-09-18
$77.50
8/18/2026, 11:29:35 PM
2026-11-20
$77.50
8/18/2026, 11:29:35 PM
2026-12-18
$75.00
8/18/2026, 11:29:35 PM
2027-01-15
$80.00
8/18/2026, 11:29:35 PM
2027-03-19
$67.50
8/18/2026, 11:29:35 PM
Selected expiration: 2026-08-21 at max pain $77.50.
PEG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
11830750
11830750
42.5
0
10871250
10871250
45
0
9912500
9912500
55
0
6080500
6080500
60
0
4165000
4165000
65
0
2255000
2255000
70
500
474000
474500
72.5
3000
269250
272250
75
6000
112250
118250
77.5
12500
33250
45750
80
210750
4000
214750
82.5
514750
2000
516750
85
1096500
750
1097250
87.5
1913000
0
1913000
90
2909500
0
2909500
92.5
4227750
0
4227750
95
5604500
0
5604500
97.5
6997500
0
6997500
100
8392500
0
8392500
105
11199000
0
11199000
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.