thetaOwl

PRCT

PROCEPT BioRobotics CorporationClose $21.32EOD only
Max Pain
$20.00
Next expiry Aug 21, 2026
Expected Move
±$2.02
9.5% from close
Price Gap
-1.32
Distance to max pain
IV Rank
20
Low premium
P/C OI
0.37
Slightly call-heavy
Consensus
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot

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

Nearest listed expiration 2026-08-21 shows max pain at $20.00 (1.32 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$20.00
Nearest expiry
Expected Move
±$2.02
±9.5%
Days to Expiry
3
Calendar days
Total Call OI
3,885
Nearest expiry
Total Put OI
1,308
Nearest expiry
P/C OI Ratio
0.34
Put-heavy
Spot Price
$21.32
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
2026-06-18$27.506/18/2026, 11:28:09 PM
2026-07-17$20.007/17/2026, 11:28:26 PM
2026-08-21NextUpdated$20.008/18/2026, 11:35:14 PM
2026-09-18$17.508/18/2026, 11:35:14 PM
2026-10-16$25.008/18/2026, 11:35:14 PM
2027-01-15$15.008/18/2026, 11:35:14 PM
Selected expiration: 2026-08-21 at max pain $20.00.
PRCT pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
100850750850750
12.51000524000525000
152000198250200250
17.537508875092500
2097501600025750
22.51227502750125500
255180000518000
27.5118900001189000
30187200001872000
32.5270025002700250
35355775003557750
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.