This page reflects PRIM 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 — PRIM
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $85.00 (5.20 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$85.00
Nearest expiry
Expected Move
±$3.30
±4.1%
Days to Expiry
3
Calendar days
Total Call OI
9,348
Nearest expiry
Total Put OI
1,788
Nearest expiry
P/C OI Ratio
0.19
Put-heavy
Spot Price
$79.80
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
$100.00
6/18/2026, 11:26:13 PM
2026-07-17
$90.00
7/17/2026, 11:33:29 PM
2026-08-21NextUpdated
$85.00
8/18/2026, 11:28:09 PM
2026-09-18
$92.50
8/18/2026, 11:28:09 PM
2026-11-20
$85.00
8/18/2026, 11:28:09 PM
2026-12-18
$80.00
8/18/2026, 11:28:09 PM
2027-03-19
$77.50
8/18/2026, 11:28:09 PM
Selected expiration: 2026-08-21 at max pain $85.00.
PRIM pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
40
0
6575250
6575250
45
0
5708250
5708250
50
0
4843250
4843250
55
0
4038250
4038250
60
0
3250750
3250750
65
0
2491250
2491250
67.5
2750
2142250
2145000
70
5500
1793500
1799000
72.5
11000
1463500
1474500
75
16500
1142250
1158750
77.5
25250
850000
875250
80
39500
601750
641250
82.5
137250
494000
631250
85
237500
389500
627000
87.5
348750
312750
661500
90
467750
256250
724000
92.5
967500
217250
1184750
95
1496000
180250
1676250
97.5
2040500
147500
2188000
100
2634500
116500
2751000
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.