This page reflects POWI 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 — POWI
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $60.00 (1.41 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$60.00
Nearest expiry
Expected Move
±$4.35
±7.4%
Days to Expiry
3
Calendar days
Total Call OI
1,704
Nearest expiry
Total Put OI
1,160
Nearest expiry
P/C OI Ratio
0.68
Put-heavy
Spot Price
$58.59
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
$75.00
6/18/2026, 11:26:11 PM
2026-07-17
$70.00
7/17/2026, 11:27:04 PM
2026-08-21NextUpdated
$60.00
8/18/2026, 11:30:56 PM
2026-09-18
$65.00
8/18/2026, 11:30:56 PM
2026-10-16
$65.00
8/18/2026, 11:30:56 PM
2026-11-20
$80.00
8/18/2026, 11:30:56 PM
2026-12-18
$65.00
8/18/2026, 11:30:56 PM
2027-01-15
$75.00
8/18/2026, 11:30:56 PM
2027-06-17
$60.00
8/18/2026, 11:30:56 PM
Selected expiration: 2026-08-21 at max pain $60.00.
POWI pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
35
0
2632500
2632500
40
0
2058000
2058000
45
0
1490000
1490000
50
0
967500
967500
55
20500
549000
569500
60
53500
251500
305000
65
216500
127500
344000
70
579000
48000
627000
75
1072000
500
1072500
80
1602500
0
1602500
85
2178000
0
2178000
90
2795500
0
2795500
95
3425500
0
3425500
100
4067500
0
4067500
105
4715500
0
4715500
110
5369000
0
5369000
115
6028500
0
6028500
120
6700500
0
6700500
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.