Koninklijke Philips N.V. NY RegClose $27.62EOD only
Max Pain
$27.00
Next expiry Aug 21, 2026
Expected Move
±$0.57
2.1% from close
Price Gap
-0.62
Distance to max pain
IV Rank
5
Low premium
P/C OI
0.73
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Aug 19, 2026 close
End-of-day snapshot
This page reflects PHG 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 — PHG
Data as of market close Aug 19, 2026
Nearest listed expiration 2026-08-21 shows max pain at $27.00 (0.62 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$27.00
Nearest expiry
Expected Move
±$0.57
±2.1%
Days to Expiry
2
Calendar days
Total Call OI
285
Nearest expiry
Total Put OI
999
Nearest expiry
P/C OI Ratio
3.51
Put-heavy
Spot Price
$27.62
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
$25.00
6/18/2026, 11:31:16 PM
2026-07-17
$27.00
7/17/2026, 11:25:16 PM
2026-08-21NextUpdated
$27.00
8/19/2026, 11:30:26 PM
2026-09-18
$27.00
8/19/2026, 11:30:26 PM
2026-10-16
$26.00
8/19/2026, 11:30:26 PM
2027-01-15
$27.00
8/19/2026, 11:30:26 PM
Selected expiration: 2026-08-21 at max pain $27.00.
PHG pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
19
0
591100
591100
20
0
501200
501200
21
1900
418300
420200
22
3800
335500
339300
23
5700
256200
261900
24
7600
178000
185600
25
9600
111800
121400
26
12100
58200
70300
27
15000
5800
20800
28
22200
0
22200
29
41200
0
41200
30
64400
0
64400
31
90200
0
90200
32
118600
0
118600
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.