What is POWL max pain this week?

POWL max pain for the nearest expiration (2026-08-21) is $240.00. Total call open interest: 6,033. Total put open interest: 6,060.

What is max pain in options?

Max pain is the strike price where option holders (buyers of both puts and calls) would collectively lose the most money at expiration. It represents the point of maximum financial pain for option buyers, and theory suggests stock prices tend to gravitate toward max pain as expiration approaches.

Home Options POWLMax Pain

POWL

Powell Industries, Inc.Close $198.21EOD only

Max Pain

$240.00

Next expiry Aug 21, 2026

Expected Move

±$11.82

6.0% from close

Price Gap

+41.79

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.53

Slightly call-heavy

Consensus

—

No reports available

Published snapshot: Aug 19, 2026 close

End-of-day snapshot

This page reflects POWL 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 — POWL

Data as of market close Aug 19, 2026

Nearest listed expiration 2026-08-21 shows max pain at $240.00 (41.79 above 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

±$11.82

±6.0%

Days to Expiry

Calendar days

Total Call OI

6,033

Nearest expiry

Total Put OI

6,060

Nearest expiry

P/C OI Ratio

1.00

Put-heavy

Spot Price

$198.21

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	$280.00	6/18/2026, 11:29:12 PM
2026-07-17	$270.00	7/17/2026, 11:31:48 PM
2026-08-21NextUpdated	$240.00	8/19/2026, 11:32:51 PM
2026-09-18	$220.00	8/19/2026, 11:32:51 PM
2026-11-20	$290.00	8/19/2026, 11:32:51 PM
2026-12-18	$140.00	8/19/2026, 11:32:51 PM
2027-02-19	$220.00	8/19/2026, 11:32:51 PM

Selected expiration: 2026-08-21 at max pain $240.00.

POWL pain by strike for 2026-08-21 expiration
Strike	Put Pain	Total Pain
55	112210062	112210062
56.67	111212237	111212237
58.33	110234995	110234995
60	109251866	109251866
61.67	108268737	108268737
63.33	107291495	107291495
65	106308366	106308366
66.67	105326907	105326907
70	103378857	103378857
73.33	101430807	101430807
76.67	99476907	99476907
80	97529190	97529190
83.33	95581473	95581473
86.67	93637927	93637927
90	91702198	91702198
93.33	89766469	89766469
96.67	87825929	87825929
100	85891199	85891199
103.33	83964461	83964461
106.67	82032939	82032939

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.