This page reflects PODD 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 — PODD
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $145.00 (3.03 below 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
±$6.07
±4.1%
Days to Expiry
3
Calendar days
Total Call OI
4,556
Nearest expiry
Total Put OI
4,935
Nearest expiry
P/C OI Ratio
1.08
Put-heavy
Spot Price
$148.03
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
$210.00
6/18/2026, 11:25:14 PM
2026-07-17
$150.00
7/17/2026, 11:29:15 PM
2026-08-21NextUpdated
$145.00
8/18/2026, 11:29:54 PM
2026-09-18
$145.00
8/18/2026, 11:29:54 PM
2026-12-18
$150.00
8/18/2026, 11:29:54 PM
2027-03-19
$135.00
8/18/2026, 11:29:54 PM
Selected expiration: 2026-08-21 at max pain $145.00.
PODD pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
90
0
19089000
19089000
105
0
11689500
11689500
110
0
9228500
9228500
115
500
6779500
6780000
120
1000
4336000
4337000
125
1500
3112500
3114000
130
4500
1953500
1958000
135
59000
1442000
1501000
140
301000
983000
1284000
145
628000
557500
1185500
150
1117500
320000
1437500
155
1877000
102500
1979500
160
2677500
76500
2754000
165
3561500
51000
3612500
170
4517500
25500
4543000
175
5569000
0
5569000
180
6967000
0
6967000
185
8909500
0
8909500
190
10880000
0
10880000
195
13058500
0
13058500
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.