thetaOwl

PNC

PNC Financial Services Group, IClose $254.28EOD only
Max Pain
$240.00
Next expiry Aug 21, 2026
Expected Move
±$3.80
1.5% from close
Price Gap
-14.28
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.83
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

This page reflects PNC 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 — PNC
Data as of market close Aug 18, 2026

Nearest listed expiration 2026-08-21 shows max pain at $240.00 (14.28 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
±$3.80
±1.5%
Days to Expiry
3
Calendar days
Total Call OI
5,243
Nearest expiry
Total Put OI
3,201
Nearest expiry
P/C OI Ratio
0.61
Put-heavy
Spot Price
$254.28
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$252.508/7/2026, 11:29:37 PM
2026-08-14$257.508/14/2026, 11:27:26 PM
2026-08-21NextUpdated$240.008/18/2026, 11:27:45 PM
2026-08-28$252.508/18/2026, 11:27:45 PM
2026-09-04$245.008/18/2026, 11:27:45 PM
2026-09-11$250.008/18/2026, 11:27:45 PM
2026-09-18$240.008/18/2026, 11:27:45 PM
2026-09-25$245.008/18/2026, 11:27:45 PM
2026-10-02$245.008/18/2026, 11:27:45 PM
2026-10-16$250.008/18/2026, 11:27:45 PM
2026-11-20$220.008/18/2026, 11:27:45 PM
2026-12-18$240.008/18/2026, 11:27:45 PM
2027-01-15$185.008/18/2026, 11:27:45 PM
2027-02-19$250.008/18/2026, 11:27:45 PM
2027-03-19$230.008/18/2026, 11:27:45 PM
2027-06-17$240.008/18/2026, 11:27:45 PM
Selected expiration: 2026-08-21 at max pain $240.00.
PNC pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
11003647600036476000
11503488000034880000
12003328600033286000
12503169750031697500
13003011450030114500
13502853600028536000
14002696200026962000
14502539300025393000
15002383100023831000
15502227750022277500
16002073250020732500
16501919200019192000
17001766250017662500
17520001616200016164000
18040001466650014670500
18560001320450013210500
19080001178400011792000
195355001038750010423000
2006300090470009110000
21011800066000006718000
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.