This page reflects PLXS 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 — PLXS
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $240.00 (13.15 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$240.00
Nearest expiry
Expected Move
±$9.00
±3.6%
Days to Expiry
3
Calendar days
Total Call OI
88
Nearest expiry
Total Put OI
39
Nearest expiry
P/C OI Ratio
0.44
Put-heavy
Spot Price
$253.15
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
$170.00
6/18/2026, 11:28:13 PM
2026-07-17
$240.00
7/17/2026, 11:33:16 PM
2026-08-21NextUpdated
$240.00
8/18/2026, 11:35:14 PM
2026-09-18
$130.00
8/18/2026, 11:35:14 PM
2026-11-20
$220.00
8/18/2026, 11:35:14 PM
2026-12-18
$250.00
8/18/2026, 11:35:14 PM
2027-03-19
$260.00
8/18/2026, 11:35:14 PM
Selected expiration: 2026-08-21 at max pain $240.00.
PLXS pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
200
0
129000
129000
210
1000
98000
99000
220
2000
68000
70000
230
3000
41000
44000
240
5000
19000
24000
250
41000
15000
56000
260
95000
14000
109000
270
154000
13000
167000
280
221000
12000
233000
290
291000
11000
302000
300
364000
10000
374000
310
440000
9000
449000
320
516000
8000
524000
330
602000
7000
609000
340
690000
6000
696000
350
778000
5000
783000
370
954000
3000
957000
400
1218000
0
1218000
410
1306000
0
1306000
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.