Procter & Gamble Company (The)Close $143.45EOD only
Max Pain
$145.00
Next expiry Aug 21, 2026
Expected Move
±$2.14
1.5% from close
Price Gap
+1.55
Distance to max pain
IV Rank
9
Low premium
P/C OI
0.65
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects PG 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 — PG
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $145.00 (1.55 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$145.00
Nearest expiry
Expected Move
±$2.14
±1.5%
Days to Expiry
3
Calendar days
Total Call OI
38,176
Nearest expiry
Total Put OI
24,647
Nearest expiry
P/C OI Ratio
0.65
Put-heavy
Spot Price
$143.45
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
$146.00
8/7/2026, 11:26:52 PM
2026-08-14
$144.00
8/14/2026, 11:32:28 PM
2026-08-21NextUpdated
$145.00
8/18/2026, 11:27:39 PM
2026-08-28
$144.00
8/18/2026, 11:27:39 PM
2026-09-04
$145.00
8/18/2026, 11:27:39 PM
2026-09-11
$146.00
8/18/2026, 11:27:39 PM
2026-09-18
$145.00
8/18/2026, 11:27:39 PM
2026-09-25
$145.00
8/18/2026, 11:27:39 PM
2026-10-02
$139.00
8/18/2026, 11:27:39 PM
2026-10-16
$145.00
8/18/2026, 11:27:39 PM
2026-11-20
$145.00
8/18/2026, 11:27:39 PM
2026-12-18
$145.00
8/18/2026, 11:27:39 PM
2027-01-15
$150.00
8/18/2026, 11:27:39 PM
2027-03-19
$150.00
8/18/2026, 11:27:39 PM
2027-06-17
$145.00
8/18/2026, 11:27:39 PM
Selected expiration: 2026-08-21 at max pain $145.00.
PG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
144848700
144848700
85
0
132527200
132527200
90
500
120214200
120214700
95
1000
107910200
107911200
100
1500
95631700
95633200
105
19000
83372700
83391700
110
36500
71167700
71204200
115
54500
59324700
59379200
120
73500
47503700
47577200
125
93000
35737200
35830200
130
114000
24399200
24513200
131
118700
22373100
22491800
132
123400
20352400
20475800
134
132800
16311200
16444000
135
137500
14303900
14441400
136
147100
12653500
12800600
137
156700
11014300
11171000
138
193500
9411600
9605100
139
230600
7880900
8111500
140
268800
6391600
6660400
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.